Pitney-Bowes (PBI) Tops Q3 EPS by 1c, Revenues Miss; Affirms FY18 EPS Mid-Point Outlook Above Consensus

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Go back to Pitney-Bowes (PBI) Tops Q3 EPS by 1c, Revenues Miss; Affirms FY18 EPS Mid-Point Outlook Above Consensus

Pitney Bowes Announces Third Quarter 2018 Financial Results

November 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 third quarter 2018.

Quarterly Financial Results:

Revenue of $833 million, an increase of 14 percent versus prior year GAAP EPS of $0.41; Adjusted EPS of $0.27 GAAP cash from operations of $116 million; free cash flow of $94 million The Company is reaffirming its prior 2018 annual guidance... More