logo
Unisys: Q2 Earnings Snapshot

Unisys: Q2 Earnings Snapshot

BLUE BELL, Pa. (AP) — BLUE BELL, Pa. (AP) — Unisys Corp. (UIS) on Wednesday reported a loss of $20.1 million in its second quarter.
The Blue Bell, Pennsylvania-based company said it had a loss of 28 cents per share. Earnings, adjusted for non-recurring costs, were 19 cents per share.
The information technology service provider posted revenue of $483.3 million in the period.
_____
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Douglass & Runger, PLLC Named to 2025 Inc. 5000 List
Douglass & Runger, PLLC Named to 2025 Inc. 5000 List

Business Journals

time2 minutes ago

  • Business Journals

Douglass & Runger, PLLC Named to 2025 Inc. 5000 List

Memphis, TN – August 14, 2025 – Douglass & Runger, PLLC, a Memphis-based law firm focusing on family law, probate, and estate planning, has earned a spot on the 2025 Inc. 5000 list of the fastest-growing private companies in America. This year, only 120 law firms nationwide qualified, and Douglass & Runger ranked as the 40th fastest-growing law firm in the country. The Inc. 5000 is a nationally recognized benchmark for entrepreneurial achievement, honoring independent businesses that have achieved remarkable revenue growth over the past three years. 'This honor is a testament to the hard work, dedication, and passion of our team and the trust our clients place in us,' said Curt Runger, Founder and CEO. 'We've grown by focusing on client-centered service, innovative systems, and a commitment to doing the common things in an uncommon way.' Founded in 2010, Douglass & Runger served the Memphis area for more than a decade before making sweeping changes in late 2021. These changes included refining core values, setting higher performance standards, adopting data-driven processes, and placing greater emphasis on hiring for culture and retaining top legal talent. Every change was driven by one goal: to build a law firm that listens closely to clients, understands their challenges, and delivers a more responsive, transparent, and outcome-focused experience from start to finish. This rebuild has strengthened client results, fostered a thriving team culture, and fueled sustained growth. 'I'm incredibly grateful for the talented professionals who make up our team and for the clients who trust us during some of the most challenging times in their lives,' Runger added. 'Making the Inc. 5000 list shows our approach is working — and the exciting part is, we're just getting started.' ________________________________________ About Douglass & Runger, PLLC Douglass & Runger, PLLC serves clients across Tennessee in family law, probate, and estate planning matters. The firm is dedicated to providing practical legal solutions with compassion and integrity. For more information, visit About Inc. 5000 The Inc. 5000 list celebrates America's most successful private companies. Rankings are based on percentage revenue growth over three years, with honorees representing the most dynamic segment of the economy. Learn more at

Noodles & Company closing up to 32 locations after revenue decline
Noodles & Company closing up to 32 locations after revenue decline

USA Today

time2 minutes ago

  • USA Today

Noodles & Company closing up to 32 locations after revenue decline

A national noodle chain is closing down dozens of locations amid a decline in revenue. Noodles & Company announced on Wednesday, Aug. 13, through its 2025 second-quarter financial results news release, that it would be closing 28 to 32 company-owned locations by the year's end. The Broomfield, Colorado-based chain has been operating since 1995 and specializes in classic pasta and noodle dishes, such as pad thai and basil pesto cavatappi. A delicious duo, the company's signature combo, comes with a small entree, protein and a side beginning at $9.95. Noodles & Company reported a net loss of $17.6 million compared to a net loss of $13.6 million from the same time last year, according to the company's 2025 second-quarter financial results. Additionally, revenue decreased 0.7% to $126.4 million from $127.4 million. Here is what to know about Noodles & Company's upcoming location closures. How many Noodles & Company restaurants closed in 2025? So far, the company has closed six restaurants in 2025 and opened one new location. An additional two franchise locations have also shut down. The noodle chain has more than 400 locations operating around the United States. Noodles & Company CEO Drew Madsen blamed the business's economic headwinds on 'the strong value-conscious climate' and a 'slower guest adoption of the upgrades made to some of our historic menu items.' The company completed an overhaul of its menu earlier this year. 'We've been moving decisively to address these factors, particularly around guest value perception,' said Madsen, who announced he'd be stepping down as CEO. He will be succeeded by Joe Christina, the company's current chief operating officer. 'Joe Christina is absolutely the right leader to guide this brand forward,' Madsen said in a statement. What is next for Noodles & Company? Noodles & Company is planning to close another 12 to 17 restaurants in 2026, while simultaneously opening an additional two locations. The company did not reveal which locations are likely to close and where the new restaurants will open. USA TODAY contacted Noodles & Company for comment on Friday, Aug. 15, but has not received a response. Michelle Del Rey is a trending news reporter at USA TODAY. Reach her at mdelrey@

Langdon Park Capital and Standard Real Estate Investments Acquire 84-Unit Workforce Housing Community
Langdon Park Capital and Standard Real Estate Investments Acquire 84-Unit Workforce Housing Community

Los Angeles Times

time2 minutes ago

  • Los Angeles Times

Langdon Park Capital and Standard Real Estate Investments Acquire 84-Unit Workforce Housing Community

Langdon Park Capital, a real estate investment firm focused on affordable housing in historically underserved communities, and Standard Real Estate Investments, a diversified middle-market investment manager, acquired an 84-unit apartment building in Azusa. The community will be rebranded as Langdon Park on Arrow and will operate under a long-term affordability structure designed to benefit working families. The acquisition is part of a broader strategy by Langdon Park Capital and Standard to preserve naturally occurring affordable housing in high-cost urban markets through innovative partnerships and impact-driven capital. 'This acquisition reflects our mission to deliver strong returns while expanding access to safe, high-quality housing in communities that matter to us. The San Gabriel Valley is a growing, diverse region that houses over two million residents, with functions critical to business in the L.A. Metro region,' said Malcolm Johnson, chief executive and founder of Langdon Park Capital, in a statement. Founded in 2021, Langdon Park Capital's total assets under management now exceed $165 million. The joint venture secured equity financing from the Community Preservation Corporation, a nonprofit multifamily lender and investor. Financing for the acquisition also included a Fannie Mae loan arranged by Walker & Dunlop. The property features a mix of one-, two- and three-bedroom apartments. The new ownership group plans to invest in modest renovations to enhance the resident experience while maintaining affordability and minimizing displacement. The property will benefit from a Welfare Tax Exemption through the California Municipal Finance Authority, made possible by the active participation of Housing on Merit, a California-based nonprofit serving as the managing general partner. Information for this article was sourced from Langdon Park Capital.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store