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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.
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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