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Sep 30, 2020
Pitney Bowes Q3 2020 Earnings Report
Reported strongest organic revenue growth rate in well over a decade.
Key Takeaways
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.
Revenue increased by 13 percent.
GAAP EPS was $0.07; Adjusted EPS was $0.08.
GAAP cash from operations was $104 million; free cash flow was $85 million.
Global Ecommerce revenue exceeded $400 million, representing 47 percent growth.
Pitney Bowes
Pitney Bowes
Pitney Bowes Revenue by Segment
Revenue by Segment
SendTech Solutions Revenue
CapyFin.comPresort Services Revenue
CapyFin.com Forward Guidance
Given the continued level of uncertainty around the depth and duration of Covid-19, the Company will not provide guidance which is consistent with prior quarters.