News Release                unisyssytcmykred.jpg

Unisys Announces Fourth-Quarter and Full-Year 2016 Financial Results, Achieves Full-Year Financial Guidance

Full Year 2016:
Operating cash flow increased by $217 million year over year to $218 million in 2016
Adjusted free cash flow(5) was $278 million, ahead of guidance of $160-200 million and up $283 million year over year
Operating profit margin was 2 percent, up 350 basis points year over year
Non-GAAP operating profit(4) margin was in line with guidance at 7.7 percent, up 190 basis points year over year
Revenue was in line with guidance at $2.8 billion
Diluted loss per share of $ (0.95), a year over year improvement relative to $(2.20) in 2015
Total Contract Value (TCV)(1) signed increased by 13 percent versus 2015

4Q 2016:
Operating cash flow increased by 7 percent year over year to $117 million
Adjusted free cash flow was flat year over year at $117 million
Operating profit margin was 5 percent, up 290 basis points year over year
Revenue was $722 million relative to $790 million in the prior year quarter

BLUE BELL, Pa., January 26, 2017
- Unisys Corporation (NYSE: UIS) today reported fourth-quarter and full-year 2016 results in line with full-year guidance on revenue and non-GAAP operating profit margin, and ahead of full-year guidance for adjusted free cash flow. Additionally, the company saw strong contract signings during 2016, with TCV signed up 13 percent year over year. The company also exceeded its cost-reduction goal, exiting 2016 with $205 million of annualized cost savings, relative to a plan of $200 million.

“Our 2016 results deliver on our full-year revenue and non-GAAP operating profit margin guidance and exceed our full-year guidance on adjusted free cash flow. They demonstrate a commitment to execution



The following information was filed by Unisys Corp (UIS) on Thursday, January 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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