Pitney-Bowes (PBI) Reports In-Line Q2 EPS, Miss on Revenues

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Pitney Bowes Announces Second Quarter 2018 Financial Results

August 1, 2018 7:00 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, and data, today announced its financial results for the second quarter 2018.

Quarterly Financial Results:

Revenue of $861 million, an increase of 18 percent as reported and 17 percent at constant currency versus prior year GAAP EPS of $0.26; Adjusted EPS of $0.26 GAAP cash from operations of $92 million; free cash flow of $30 million The Company is reaffirming its prior 2018 annual... More