Unisys Raises 2024 Non-GAAP Operating Profit Margin Guidance From 5.5%-7.5% To 6.5%-8.5%; Revenue Growth In Constant Currency (1.5)%-1.5%
Portfolio Pulse from Benzinga Newsdesk
Unisys has raised its 2024 non-GAAP operating profit margin guidance from 5.5%-7.5% to 6.5%-8.5%, while maintaining its revenue growth forecast in constant currency at (1.5)% to 1.5%.
October 29, 2024 | 8:33 pm
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Unisys has increased its 2024 non-GAAP operating profit margin guidance, indicating improved profitability expectations. The revenue growth forecast remains unchanged.
The increase in profit margin guidance suggests that Unisys expects better operational efficiency or cost management, which is a positive signal for investors. The unchanged revenue growth forecast indicates stability in sales expectations.
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