BLUE BELL, Pa. (AP) _ Unisys Corp. (UIS) on Tuesday reported first-quarter net income of $1.02 billion, after reporting a loss in the same period a year earlier.
The Blue Bell, Pennsylvania-based company said it had net income of $16.21 per share. Earnings, adjusted to account for discontinued operations, came to 1 cent per share.
The information technology service provider posted revenue of $515.4 million in the period.
Unisys shares have increased 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.22, an increase of 12% in the last 12 months.