Pitney-Bowes (PBI) Lowers Quarterly Dividend 73.3% to $0.05; Adds $100M to Buyback

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Go back to Pitney-Bowes (PBI) Lowers Quarterly Dividend 73.3% to $0.05; Adds $100M to Buyback

Pitney Bowes Announces Full Year and Fourth Quarter 2018 Financial Results

February 5, 2019 7:00 AM EST

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 full year and fourth quarter 2018.

The fourth quarter and 2018 were important moments in the transformation of our company, said Marc B. Lautenbach, President and CEO, Pitney Bowes. Revenue grew in 2018, marking the second year of consecutive growth and making the last two years the best revenue growth performance in a decade.

Full Year 2018:

Revenue... More