Pitney-Bowes (PBI) Misses Q4 EPS by 4c, FY17 EPS Guidance Comes in Light

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Pitney Bowes Announces Full Year And Fourth Quarter 2016 Financial Results

February 1, 2017 7:00 AM EST

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global technology company providing innovative technology solutions to power commerce, today reported financial results for the full year and the fourth quarter 2016. The Company also has provided an update to its annual guidance for 2017.

Full-Year 2016:

Revenue of $3.4 billion, a decline of 5 percent; a decline of 4 percent when adjusted for the impact of currency; a decline of 3 percent when adjusted for both the impact of currency and market exits GAAP EPS of $0.50; Adjusted EPS of $1.68... More