Pitney-Bowes (PBI) Misses Q1 EPS by 9c, Revenues Beat; Affirms FY19 EPS Guidance Below Consensus
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Pitney Bowes Announces First Quarter 2019 Financial Results
May 1, 2019 7:00 AM EDTSTAMFORD, 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 first quarter 2019.
Quarterly Financial Results:
Revenue of $868 million, a decline of 3 percent; a decline of 2 percent when adjusted for the impact of currency; a decline of 1 percent when adjusted for both the impact of currency and market exits GAAP EPS of ($0.01), which included a $0.10 loss related to the previously announced sale of direct operations in 6 smaller... More