Pitney Bowes

Pitney Bowes, Inc. is a technology company engaged in the provision of products and solutions in the commerce industry. It operates through the following segments: Global Ecommerce, Presort Services, and SendTech Solutions. The Global Ecommerce segment includes products and services that facilitate domestic retail and ecommerce shipping solutions, including fulfillment and returns, and global cross-border ecommerce transactions. The Presort Services segment includes sortation services to qualify large volumes of first class mail, marketing mail and bound and packet mail for postal worksharing discounts. The SendTech Solutions segment includes physical and digital mailing and shipping solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters and packages. The company was founded by Arthur H. Pitney and Walter Bowes on April 23, 1920 and is headquartered in Stamford, CT.

Earnings data Q1 2024

Pitney Bowes faces Q1 revenue declines, eyes SendTech growth

Pitney Bowes' Q1 2023 showed declines in key financial metrics, with challenges in Global Ecommerce and opportunities in SendTech's EBIT growth and potential business acquisitions. The company is navigating industry challenges while focusing on higher-margin offerings and efficiency.

PBI reports mixed Q2 performance, focuses on cost benefits

PBI's Q2 earnings call revealed a mixed performance, with challenges in Global Ecommerce but strengths in the domestic parcel business. The company is focused on ongoing cost and expense benefits and sees opportunities in fortifying the PB Bank and potential divestment. Despite challenges, PBI remains optimistic about its future positioning.

PBI reports strong Q3 performance, focuses on streamlining and growth opportunities

PBI's Q3 performance reflects strength in SendTech and Presort segments, with a focus on cost reduction and streamlining. Challenges include improving e-commerce profitability and addressing automation opportunities. Opportunities exist in domestic parcel growth, strategic alternatives for GEC, and return of capital discussions.

PBI reports strong Q4 performance, navigating challenges with optimism

PBI's Q4 performance reflects a commitment to operational discipline and shareholder value. Despite challenges such as wage inflation and declining meter population, the company is optimistic about the future and focused on capitalizing on growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Pitney Bowes, Inc. is a global shipping and mailing company, which engages in the provision of technology, logistics, and financial services. It operates through the following segments: Global Ecommerce, Presort Services, and SendTech Solutions. The Global Ecommerce segment includes cross-border solutions, domestic parcel, and digital delivery services. The Presort Services segment involves the sortation services to qualify large volumes of first-class mail, marketing mail and bound and packet mail for postal work-sharing discounts. The SendTech Solutions segment consists of physical and digital mailing and shipping solutions, financing, services, supplies, and other applications. The company was founded by Arthur H. Pitney and Walter Bowes on April 23, 1920 and is headquartered in Stamford, CT.

STAMFORD, 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 released results from its latest BOXpoll™. The weekly consumer survey finds that one in three Americans either plan to move in the next 12 to 18 months (17 percent) or are undecided about staying in their current residence (15 percent). Gen Z adults, Millennials and city residents are most likely

Pitney Bowes BOXpoll: For One in Three Americans, Moving is On the Table

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Announces Early Results of Tender Offers

Pitney Bowes Announces Early Results of Tender Offers

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. Prices Senior Unsecured Notes, Obtains Commitments to Amend and Refinance Credit Facilities

Pitney Bowes Inc. Prices Senior Unsecured Notes and Obtains Commitments to Amend and Refinance Credit Facilities

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes to Offer Senior Notes

Pitney Bowes Inc. to Offer Senior Notes

STAMFORD, Conn.--(BUSINESS WIRE)--PBI Announces Cash Tender Offers

Pitney Bowes Announces Cash Tender Offers

STAMFORD, Conn.--(BUSINESS WIRE)--PBI announces its call for redemption of all of its outstanding 3.375 percent Notes due 2021 (CUSIP No. 724479 AK6)

Pitney Bowes Calls for Redemption of Outstanding 3.375 Percent Notes Due 2021

STAMFORD, 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 that the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit, demonstrating its continued commitment to the small- and mid-market business community. The term loan was signed with pharmaceutical ingredient wholesale distributor SST Corporation (SST) of New

Pitney Bowes Continues Expansion into the Small Business Market, Executing Term Loan with SST Corporation

Investors were betting on a strong holiday quarter outing for the parcel delivery specialist.

Why Pitney Bowes Stock Jumped 51% in January

Pitney Bowes' (PBI) fourth-quarter results reflect robust growth in Global Ecommerce revenues and gains from increased usage of shipping offerings.

Pitney Bowes (PBI) Stock Down Despite Q4 Earnings Beat

Earnings beat, but the forecast underwhelms.

Why Pitney Bowes Stock Just Crashed 21.5%

Pitney Bowes Inc. (PBI) CEO Marc Lautenbach on Q4 2020 Results - Earnings Call Transcript

Link to full report E-commerce and parcel solutions provider Pitney Bowes (NYSE: PBI) Tuesday reported consolidated revenue exceeded $1 billion for the fourth quarter of 2020, a 24% year-over-year increase. “Revenue growth was the highest modern-day, organic growth rate on record for us,” Marc B.

Pitney Bowes reports record revenue in Q4

Shares of Pitney Bowes (NYSE:PBI) moved higher by 5.9% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 7.14% over the past year to $0.13, which beat the estimate of $0.10.

Pitney Bowes: Q4 Earnings Insights

STAMFORD, 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 fourth quarter and full year 2020. "The fourth quarter was a remarkable ending to an extraordinary year,” said Marc B. Lautenbach, President and CEO, Pitney Bowes. “Revenue growth was the highest modern day, organic growth rate on-record for us. “We have bee

Pitney Bowes Announces Fourth Quarter and Full Year 2020 Financial Results

STAMFORD, 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 it has reached a new landmark with clients processing one billion mail pieces through SendPro C® and SendPro C® Auto. Every working day, the award-winning cloud-connected sending technologies currently process around 2 million mail pieces for businesses across North America, equivalent t

Pitney Bowes SendPro C Solutions Reach One Billionth Mail Piece Processed

STAMFORD, 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, is proud to announce it has received a perfect score of 100 on the Human Rights Campaign Foundation's 2021 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. “The progress we have made as a company

Pitney Bowes Earns Top Marks in Human Rights Campaign's 2021 Corporate Equality Index

Pitney Bowes has experienced robust e-commerce revenue growth, but EBITDA hasn't yet inflected. The market is eagerly awaiting evidence of this inflection point. Per PBI's Q3 2020 conference call, its Q4 2020 holiday surcharges (Nov. 1 - early January 2021) would equate to a $0.50 to $1 per parcel price increase.

Pitney Bowes: Get Ready For An E-Commerce Inflection Point

The mailing equipment company has been trading in volatile fashion lately, despite no particularly important news. Here's what's likely going on.

Why Pitney Bowes Stock Is on Another Roller Coaster Ride Today

The stock price of Pitney Bowes Inc. (NYSE: PBI) increased by 81.01% as it went from a previous close of $7.53 to $13.63. This is why it happened.

PBI Stock Price Increased 81.01%: Why It Happened

Seriously, folks, that's not a rhetorical question: Why?

Why Pitney Bowes Stock Just Rocketed 52%

Pitney Bowes Global E-commerce segment is likely to become profitable for the first time ever when earnings are reported on Feb 2nd. The legacy business has sticky cash flows, and PBI has already transformed the legacy segment to a cloud-based 21st century offering that has a better solution than Stamps.com.

Pitney Bowes - Already Transformed And Set To Shock Market

The restructuring plan of Pitney Bowes seems to be working because it has reported a net income in Q3 2020 despite a drop in gross profit margins. eCommerce logistics services are estimated to grow at a handsome CAGR of 20.3% between 2020 and 2027, and the company seems all set to cash in.

Pitney Bowes: Climbing Uphill

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Appoints Executive Vice President and Chief Financial Officer

Pitney Bowes Appoints Ana Maria Chadwick as Executive Vice President and Chief Financial Officer

Management is raising prices and keeping them there "until further notice."

Why Pitney Bowes Stock Just Exploded 18% Higher

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes today announced a pricing update for its Standard and Cross Border Delivery services effective January 25, 2021.

News for Pitney Bowes Stock (PBI)