Pitney Bowes Earnings Reports

Pitney Bowes reported a revenue of $462 million for Q2 2025, a 6% decrease year-over-year. Despite the revenue decline, the company saw significant improvements in profitability, with GAAP EPS at $0.17 and Adjusted EPS at $0.27. Net income reached $30 million, and Adjusted EBIT improved by 37% to $102 million, driven by strong performance in SendTech Solutions and Presort Services.

Pitney Bowes announced strong financial results for the first quarter of 2025, with significant improvements in GAAP and Adjusted EPS and Net Income. The company also increased its quarterly dividend, reaffirmed full-year guidance, and outlined further cost reduction and deleveraging initiatives.

Pitney Bowes reported a Q4 2024 revenue of $516 million, a 2% decrease year-over-year, and a GAAP EPS loss of $0.21. Despite the net loss, the company's adjusted EPS improved by 60% to $0.32, and adjusted EBIT increased by 33% to $114 million, driven by strategic initiatives and cost reductions.

Pitney Bowes reported a slight decrease in revenue but an increase in adjusted EPS and EBIT for Q3 2024. The company is progressing with its strategic initiatives, including exiting the Global Ecommerce business, cost rationalization, cash optimization, and balance sheet deleveraging. They are also updating full-year guidance to reflect continued strong business performance and accelerated execution of cost initiatives.

Pitney Bowes announced its Q2 2024 financial results, reporting a 2% year-over-year revenue increase to $793 million. The company's adjusted EPS was $0.03, a $0.05 improvement over the prior year, and it reduced its net loss from $142 million to $25 million. The company has exited the Global Ecommerce segment and is focusing on cost rationalization and cash optimization.

Pitney Bowes announced its Q1 2024 financial results, reporting flat revenue of $831 million compared to the prior year. The company experienced a net loss of $3 million, an improvement of $5 million year-over-year. Adjusted EBIT increased by $23 million to $56 million. The company is maintaining its full-year 2024 guidance, expecting revenue growth to range from flat to a low-single digit decline and EBIT margins to remain relatively flat year-over-year.

Pitney Bowes reported a 4% decrease in revenue to $872 million for Q4 2023. GAAP EPS was a loss of $1.27, including a $1.24 non-cash goodwill impairment charge related to the Global Ecommerce segment. However, adjusted EPS increased to $0.07. The company is on track with cost reduction and restructuring efforts, with SendTech and Presort segments delivering solid profit increases and margin expansion. Global Ecommerce also showed improved profitability. The company held $623 million in cash and short-term investments at year-end.

Pitney Bowes reported a revenue of $784 million, a 6% decrease, with a GAAP EPS loss of $0.07. SendTech and Presort segments delivered profit growth, while Global Ecommerce underperformed. The company is increasing its 2024 annualized cost savings target by $40 million, bringing the total to $115 million.

Pitney Bowes reported a revenue of $776 million, an 11% decrease, with a GAAP EPS loss of $0.81 and an adjusted EPS loss of $0.02. The company saw growth in SendTech and Presort profits, while Global Ecommerce was affected by a decline in cross-border activity. They are on track to deliver $75 million in annual expense savings by year-end 2024 and domestic parcel volumes grew close to 30 percent.

Pitney Bowes reported a decrease in revenue of 10% and a net loss of $8 million for the first quarter of 2023. The company saw growth in domestic parcel processing and on-time delivery performance in Global Ecommerce, as well as improved Presort Services EBIT margins. A restructuring plan was announced to target $75 million in annual expense savings by year-end 2024.

Pitney Bowes reported Q4 2022 revenue of $909 million, an 8% decrease year-over-year. GAAP EPS was $0.04, and adjusted EPS was $0.06. The company saw progress in its SendTech and Presort businesses, with Global Ecommerce making strides in network volumes and profitability. Financial Services also performed well during the quarter.

Pitney Bowes reported a 5% decrease in revenue to $831 million for Q3 2022. GAAP EPS was $0.03, while adjusted EPS was $0.00. SendTech and Presort both grew on a constant currency basis, while Global Ecommerce declined due to international macroeconomic challenges.

Pitney Bowes reported a 3% decrease in revenue to $871 million, with GAAP EPS and Adjusted EPS at $0.02. The company faced macroeconomic headwinds in Global Ecommerce, but saw domestic parcel revenue growth and Presort revenue increase by 3%. Proceeds from the sale of Borderfree enhanced financial flexibility.

Pitney Bowes reported a 1% increase in revenue to $927 million. GAAP EPS was $0.12, and adjusted EPS was $0.08. The company saw substantial margin expansion in Global Ecommerce and excellent execution in SendTech and Presort businesses.

Pitney Bowes reported a Q4 2021 revenue of $984 million, a 4% decrease year-over-year. GAAP EPS was $0.01, and adjusted EPS was $0.06. Presort Services saw a revenue increase of 16% and an EBIT increase of 80%. However, SendTech revenue decreased by 6%, and Global Ecommerce revenue decreased by 9%. The company delivered its fifth consecutive year of consolidated revenue growth.

Pitney Bowes reported revenues of $875 million, a 2% decrease compared to the prior year, but an 11% increase over Q3 2019. GAAP EPS was $0.05, and adjusted EPS was $0.08. The company highlighted Presort revenue growth of 9% and an EBIT margin of 15%, as well as an improvement in Global Ecommerce gross margin.

Pitney Bowes announced its Q2 2021 financial results, reporting revenue of $899 million, a 7% increase year-over-year. GAAP EPS and Adjusted EPS both stood at $0.11. Global Ecommerce achieved EBITDA positive status, and both SendTech and Presort Services experienced revenue and profit growth compared to the previous year.

Pitney Bowes announced its financial results for the first quarter 2021, with revenue of $915 million, a 15% increase year-over-year. The company reported a GAAP EPS of ($0.18) and an adjusted EPS of $0.07. Every business made a meaningful contribution to the results.

Pitney Bowes announced a remarkable fourth quarter, with a 24% increase in revenue to $1.0 billion. GAAP EPS was $0.11, and adjusted EPS was $0.13. The company reduced debt by $31 million and saw significant growth in Global Ecommerce revenue, which exceeded $500 million for the first time.

Pitney Bowes reported a revenue of $892 million, a 13% increase year-over-year. GAAP EPS was $0.07 and adjusted EPS was $0.08. The company's global ecommerce revenue exceeded $400 million for the first time, representing 47% growth.

Pitney Bowes reported a 6% increase in revenue to $837 million. The company reported a GAAP EPS loss of $0.02, but an adjusted EPS of $0.04. They also reported GAAP cash from operations of $153 million and free cash flow of $148 million.

Pitney Bowes reported a flat revenue of $796 million compared to the prior year. The GAAP EPS was a loss of $1.22, while adjusted EPS was $0.05. The company is suspending its 2020 annual guidance due to the uncertainty surrounding Covid-19.

Pitney Bowes reported a revenue of $831 million, a 3% decrease year-over-year. GAAP EPS was $1.03, while adjusted EPS was $0.14. The company's results were impacted by a ransomware attack, which adversely affected revenue by approximately $18 million and EPS by approximately $0.08 per share.