Shares of Unisys ( UIS) fell Monday after the IT contractor warned it will lose money in the third quarter.

Excluding a pension expense but including a debt-related charge, Unisys expects to lose 7 cents to 9 cents a share in the quarter, below its previous prediction of a profit of up to 6 cents a share. Analysts surveyed by Thomson First Call were predicting a loss of 4 cents a share in the quarter.

Unisys put third-quarter revenue at $1.37 billion to $1.39 billion, short of the $1.5 billion consensus.

"The company saw lower-than-expected results in both its services and technology businesses," Unisys said, adding that it is "analyzing the reasons for the shortfall." Unisys will discuss the reasons and its plans to remedy them on its earnings call.

The shares fell 40 cents, or 5.9%, to $6.43 Monday.

More from Technology

PayPal Wants to Consolidate the World of Rewards Points

PayPal Wants to Consolidate the World of Rewards Points

Tesla Just Hit a Pair of Big Milestones for the Model 3

Tesla Just Hit a Pair of Big Milestones for the Model 3

Is Apple Botching Its Autonomous Driving Opportunity?

Is Apple Botching Its Autonomous Driving Opportunity?

Apple Teams With Volkswagen for Autonomous Driving Gig

Apple Teams With Volkswagen for Autonomous Driving Gig

60 Seconds: What the Heck is GDPR?

60 Seconds: What the Heck is GDPR?