Advertisement

P.M. BRIEFING : Unisys Reports Plunge in Profits

Share
<i> From Times wire services</i>

Unisys Corp. today reported that its second-quarter profit plunged and that it had a net loss per common share after paying preferred stock dividends.

The nation’s third-largest computer company blamed the results in part on weak domestic sales.

Unisys said it earned $11.8 million, down from $53.6 million in the second quarter of 1989.

Advertisement
Advertisement