Unisys sees early signs of business upturn
NEW YORK, May 3 (Reuters) - Diversified technological services provider Unisys Corp. (NYSE:UIS - news) sees early signs of a business upturn, and expects substantial earnings growth in the second half of the year, the company's chief financial officer said on Thursday.
The CFO, Janet Haugen, also reiterated the company's second-quarter earnings-per-share outlook of one-half of the results from the year-earlier quarter.
``While the economic situation remains cloudy, we're seeing some early signs that maybe there is a trend developing to be more positive,'' Haugen told investors at the Merrill Lynch Hardware Technology Conference in New York City.
``We look for substantial earnings growth as we look to the second half of the year. We see activity levels are improving,'' she added.
Blue Bell, Pa.-based Unisys shares were down 19 cents, or 1.5 percent, to $12.15 in midday trading on the Nasdaq exchange. |
