Unisys Stories

Just heard that Unisys shares dropped 15% on the warning that they would not meet prior forecasts.

I interned at Unisys last year and definitely felt that the company offered the end to end solution from hardware/ software to outsourcing. Sadly, it seems that the company has trouble distinguishing itself from other consulting offerings.

The stock plunge as reported by Investors.com is a bit strange since the company has just been ramping up a strong portfolio of security related services (i.e ePresence Security Services and Baesch Computer Consulting).

Unisys announced today that its second quarter earning slid by 63% and earned 19.4 million dollars, or six cents a share, on revenue of 1.4 billion dollars.