Unisys' management hosted a virtual investor day earlier this week, where it emphasized how the company's agentic artificial intelligence (AI) driven solutions are well positioned to remain relevant as more applications need to be managed in an agile and protected environment. As increasing data volume is needed to be processed in the AI driven environment, the systems and orchestrations that are running this data needs to keep up through expansion and efficiencies. The company also updated its 2026 guidance and presented targets for 2029. We are adjusting our estimates to reflect this update. We still expect muted revenue growth in 2026 with a return to growth in 2027, while we project margins to continue to improve due to restructuring initiatives and efficiencies. We project UIS will continue to benefit from the digital transformation and secular tailwinds from AI that are embedded in its solutions, making the company more competitive, especially with its proprietary data to support AI.