Unisys Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenue of $721.7 million compared to $789.9 million for the same period last year. Operating profit was $35.5 million compared to $15.8 million for the same period last year. Income before income taxes was $24.6 million compared to $12.4 million for the same period last year. Consolidated net income was $1.6 million compared to $1.3 million for the same period last year. Net loss attributable to the company was $1.2 million compared to net income of $1.1 million for the same period last year. Basic and diluted loss per common share attributable to the company was $0.02 compared to EPS of $0.02 for the same period last year. Non-GAAP operating profit was $69.9 million compared to $95.5 million for the same period last year. Non-GAAP net income attributable to the company’s common shareholders was $38.5 million compared to $79.3 million a year ago. Non-GAAP net income per diluted share was $0.60 compared to $1.58 a year ago. The company generated free cash flow of $77 million for the fourth quarter, an improvement of 21% year over year. Adjusted free cash flow in the fourth quarter of $117 million was flat relative to the prior year. For the year, the company reported revenue of $2,820.7 million compared to $3,015.1 million for the same period last year. Operating profit was $47.6 million compared to operating loss of $55.1 million for the same period last year. Income before income taxes was $20.5 million compared to loss before income taxes of $58.8 million for the same period last year. Consolidated net income was $36.7 million compared to consolidated net loss of $103.2 million for the same period last year. Net loss attributable to the company was $47.7 million compared to $109.9 million for the same period last year. Basic and diluted loss per common share attributable to the company was $0.95 compared to $2.20 for the same period last year. Net cash provided by operating activities was $218.2 million against $1.2 million a year ago. Capital additions of properties were $32.5 million compared to $49.6 million for the same period last year. Capital additions of outsourcing assets were $51.3 million compared to $102.0 million for the same period last year. Non-GAAP operating profit was $216.7 million compared to $176.1 million for the same period last year. Non-GAAP net income attributable to the company’s common shareholders was $122.9 million compared to $113.2 million a year ago. Non-GAAP net income per diluted share was $2.03 compared to $2.26 a year ago. The company generated free cash flow of $71 million for the year, an improvement of $284 million year-over-year. Adjusted free cash flow for the year of $278 million increased $283 million from 2015 and exceeded full-year guidance. Improvements to free cash flow and adjusted free cash flow were driven principally by a significant improvement in cash flow from operations, in addition to an over 30% year-over-year decline in capital expenditures in 2016, reflecting the company’s shift to a more asset-lite business model.