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Tech Industry

Short Take: Unisys Q3 profits triple

Unisys announced that its third-quarter profits tripled, to $50.9 million, over year-ago figures. Revenues, meanwhile, dipped to $1.62 billion for the quarter, down from $1.63 billion a year ago, due to a negative effect from foreign currency rates. This marks a slight setback for the computer hardware and server manufacturer, which previously saw two consecutive quarters of year-over-year revenue increases.

Unisys announced that its third-quarter profits tripled, to $50.9 million, over year-ago figures. Revenues, meanwhile, dipped to $1.62 billion for the quarter, down from $1.63 billion a year ago, due to a negative effect from foreign currency rates. This marks a slight setback for the computer hardware and server manufacturer, which previously saw two consecutive quarters of year-over-year revenue increases.