Pitney-Bowes (PBI) Tops Q4 EPS by 2c, Revenues Miss; Provides FY20 EPS Guidance
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Pitney Bowes Announces Full Year And Fourth Quarter 2019 Financial Results; 2020 Guidance
February 4, 2020 7:00 AM ESTSTAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced its financial results for the full year and fourth quarter 2019.
Full Year 2019:
Revenue of $3.2 billion, flat compared to prior year; an increase of 2 percent when adjusted for both the impact of currency and market exits GAAP EPS of $1.10; Adjusted EPS of $0.68 GAAP cash from operations of $252 million; free cash flow of $169 millionQuarterly... More
