Unisys Q1 Loss Narrows - Quick Facts

(RTTNews) - Unisys Corporation (UIS) reported a first-quarter net loss of $43.2 million, or $0.87 per share, which included $27.4 million of pension expense. In the first quarter of 2014, the company reported a net loss of $53.5 million, or $1.15 per share, which included $19.3 million of pension expense. Excluding pension expense, non-GAAP loss per share in the first quarter of 2015 was $0.32.

Analysts polled by Thomson Reuters expected the company to report a loss per share of $0.92 for the quarter. Analysts' estimates typically exclude special items.

First-quarter 2015 revenue declined 5 percent to $721 million from $762 million in the year-ago quarter. First-quarter 2015 revenue grew 1 percent on a constant currency basis. Analysts expected revenue of $736.05 million for the quarter.