Pitney-Bowes (PBI) Tops Q4 EPS by 3c, FY18 EPS Tops Views at Midpoint
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Pitney Bowes Announces Full Year and Fourth Quarter 2017 Financial Results
January 31, 2018 7:00 AM ESTSTAMFORD, 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 2017. The Company has also provided annual guidance for 2018.
Full Year 2017:
Revenue of $3.5 billion, an increase of 4 percent versus prior year largely driven by the Newgistics acquisition GAAP EPS of $1.39; Adjusted EPS of $1.41 GAAP cash from operations of $496 million; free cash flow of $384 million Total debt increased $465 million versus prior... More