Blue Bell’s Unisys, the global information technology company, has announced strong cash flow growth in its third quarter 2016 report.

Operating cash flow grew by $87 million compared to $43 million last year and its adjusted free cash flow for the third quarter grew by $105 million year-on-year. This marks the fourth consecutive quarter of positive operating cash flow and adjusted free cash flow for the company.

The company also recorded Total Contract Value growth of 22 percent on a year-to-date, with over $1.1 billion of those signings made in the third quarter. However, overall revenue was down 7.6 percent to $683 million, or 5.9 percent on a year-on-year on a constant-currency basis.

“Our year-to-date results show progress toward achieving our goals for 2016 with respect to improving operating profit margin and cash flow generation. Revenues also continue to track in line with our full-year guidance for 2016,” said Unisys President and CEO Peter Altabef.

He also noted that the company continues to implement the strategy started last year, and is starting to see traction with its vertical go-to-market approach.

Check out previous MONTCO Today coverage of Unisys by clicking here.