Brean Capital Reiterates Buy on Pitney Bowes (PBI) Following Earnings Report and Sell Off
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Go back to Brean Capital Reiterates Buy on Pitney Bowes (PBI) Following Earnings Report and Sell Off
November 1, 2016 7:01 AM EDT
STAMFORD, 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 third quarter 2016.
Quarterly Financial Results:
Revenue of $839 million, a decline of 4 percent; a decline of 2
percent when adjusted for the impact of currency and market exits.
GAAP EPS of $0.35; Adjusted EPS of $0.44.
GAAP cash from operations of $137 million; free cash flow of $119
million.
Issued $600 million of 5...
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October 31, 2016 8:00 AM EDT
STAMFORD, Conn.--(BUSINESS WIRE)--
Pitney Bowes (NYSE: PBI), a global technology company that provides
innovative products and solutions to power commerce, announced a new
alliance with RCG Global Services®, a global provider of data and
analytics and business applications. The two companies will combine
their strengths in data and technology to offer financial crimes and
compliance solutions for financial institutions.
With fraud often as a precursor to money-laundering activities, it is
imperative that banks have trustworthy and accurate information on their
customers. As a result of many on-premise legacy systems and... More
