Unisys Raises 2024 Non-GAAP Operating Profit Margin Guidance From 5.5%-7.5% To 6.5%-8.5%; Revenue Growth In Constant Currency (1.5)%-1.5%
Benzinga Newsdesk 2 years ago
NewsGuidance
2024 Financial GuidanceThe company reiterates full-year 2024 revenue growth and raises profitability guidance: GuidanceRevenue growth in constant currency(1.5)% to 1.5%Revised non-GAAP operating profit
2024 Financial Guidance
The company reiterates full-year 2024 revenue growth and raises profitability guidance:
| Guidance | |
| Revenue growth in constant currency | (1.5)% to 1.5% |
| Revised non-GAAP operating profit margin* | 6.5% to 8.5% |
| * Prior issued guidance for profitability was 5.5% to 7.5%. |
Constant currency revenue guidance translates to reported revenue growth of (1.0)% to 2.0%, based on recent exchange rates, and assumes L&S revenue of approximately $415 million and Ex-L&S revenue growth near the low end of 1.5% to 5.0%.