Unisys Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of $905.8 million compared to $995.9 million for the same period last year. Operating profit was $82.4 million compared to $155.9 million for the same period last year. Income before income taxes was $88.6 million compared to $152.4 million for the same period last year. Consolidated net income was $64.7 million compared to $124.2 million for the same period last year. Net income attributable to Unisys Corporation was $61.8 million compared to $121.5 million for the same period last year. Net income attributable to Unisys Corporation common shareholders was $61.8 million compared to $117.4 million for the same period last year. Diluted earnings per common share attributable to Unisys Corporation were $1.24 compared to $2.37 for the same period last year. Non-GAAP net income attributable to Unisys Corporation common shareholders was $79.9 million compared to $140.6 million for the same period last year. Non-GAAP net income attributable to Unisys Corporation for diluted earnings per share was $79.9 million compared to $144.7 million for the same period last year. Non-GAAP net income per diluted share was $1.60 compared to $2.82 for the same period last year. In the fourth quarter of 2014, the company generated $106 million of cash from operations, including $22 million of pension contributions. In the fourth quarter of 2013, the company generated $141 million of cash from operations, including $45 million of pension contributions. Capital expenditures were $69 million compared with $48 million in the year-ago quarter. The company generated $37 million of free cash flow in the fourth quarter of 2014 compared with free cash flow of $93 million in the fourth quarter of 2013.

For the year, the company reported revenue of $2,887.7 million compared to $2,996.1 million for the same period last year. Operating profit was $154.9 million compared to $219.5 million for the same period last year. Income before income taxes was $145.5 million compared to $219.4 million for the same period last year. Consolidated net income was $59.3 million compared to $120.1 million for the same period last year. Net income attributable to Unisys Corporation was $46.7 million compared to $108.5 million for the same period last year. Net income attributable to Unisys Corporation common shareholders was $44.0 million compared to $92.3 million for the same period last year. Diluted earnings per common share attributable to Unisys Corporation were $0.89 compared to $2.08 for the same period last year. Net cash provided by operating activities was $121.4 million compared to $187.4 million for the same period last year. Capital additions of properties were $53.3 million compared to $47.2 million for the same period last year. Capital additions of outsourcing assets were $85.9 million compared to $39.9 million for the same period last year. Non-GAAP net income attributable to Unisys Corporation common shareholders was $117.2 million compared to $182.3 million for the same period last year. Non-GAAP net income attributable to Unisys Corporation for diluted earnings per share was $119.9 million compared to $198.5 million for the same period last year. Non-GAAP net income per diluted share was $2.36 compared to $3.87 for the same period last year.