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The Best And Worst Channel Company Stocks In The First Quarter Of 2018

Rick Whiting

Unisys

CEO: Peter Altabef

Dec. 29, 2017: $8.15

March 29, 2018: $10.75

Change: +31.90%

After losing more than 45 percent of their value in 2017, Unisys' shares gained back nearly 32 percent in the first quarter.

On Dec. 12 Unisys, No. 20 on the CRN Solution Provider 500, announced that Peter Altabef would become the company's chairman on April 26, 2018, replacing current chairman Paul Weaver, who retired. Altabef continues as the company's president and CEO.

For its first quarter ended March 31, Unisys, based in Blue Bell, Pa., reported revenue of $708.4 million, up 6.6 percent from $664.5 million in the first quarter of 2017. The company reported net income of $40.6 million compared to the $32.7 million loss one year earlier

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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