Pitney-Bowes (PBI) Reports In-Line Q2 EPS; Guides In-Line
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Pitney Bowes Announces Second Quarter 2016 Financial Results
August 2, 2016 7:00 AM EDTSTAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides products and solutions that power commerce, today reported financial results for the second quarter 2016.
Quarterly Financial Results:
Revenue of $836 million, a decline of 5 percent; a decline of 4 percent when adjusted for both the impact of currency and market exits. Revenue comparison to prior year unfavorably impacted by an estimated 2 percentage points as a result of the cutover period for the new enterprise business platform. GAAP EPS of $0.28; Adjusted EPS... More