Unisys lowers FY22 revenue growth view to (5.5%)-(3.5%) from (1.0%)-1.0%

The company has updated its FY22 revenue and profitability guidance. Revenue growth is now expected to be in the range of (5.5%)-(3.5%) YoY or in the range of (1.0%)-1.0% in constant currency. The company now anticipates that non-GAAP operating profit margin will be between 6.0%-8.0% and adjusted EBITDA margin in the range of 14.5% to 16.5%.