Unisys reaffirms FY23 revenue growth view (3%)-(7%)

The company reiterates FY23 revenue and profitability guidance. Constant currency revenue growth is expected to be in the range of (3%)-(7%) YoY, which assumes Ex-L&S revenue in the range of (1%)-+4% YoY. The company anticipates that non-GAAP operating profit margin will be in the range of 2%-4% and adjusted EBITDA margin will be in the range of 9.5%-11.5%.