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.

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Pitney Bowes reports flat Q4 revenue, eyes parcel profitability growth

Pitney Bowes anticipates flat-to-mid single-digit revenue growth in 2023, with a focus on back-end loaded quarterly progression. Strategic flexibility and a cautious outlook characterize the company's response to economic currents.

Pitney Bowes Q1 2023: Navigating Challenges, Focusing on Profitability

Pitney Bowes navigates challenges in Cross-Border while capitalizing on Domestic Parcel growth and higher-margin opportunities.
Efforts towards cost reduction, efficiency improvements, and network optimization aim to drive profitability and savings.
Despite revenue declines in certain segments, the company focuses on client growth, productivity, and margin enhancement strategies.
Ongoing restructuring programs and productivity actions position Pitney Bowes for future efficiency gains and financial stability.

Pitney Bowes reports Q2 profit growth, eyes domestic parcel momentum

Pitney Bowes' Q2 2023 results were consistent with Q1, with no major surprises. The company remains confident in its future positioning, expecting cost and expense benefits in the second half of the year. Management emphasized the importance of domestic parcels and the profitability potential in SendTech and Presort.

Pitney Bowes (PBI) reports mixed Q3 performance, eyes acquisitions for growth

Pitney Bowes (PBI) navigated a mixed quarter with strong performances in key segments but challenges in global e-commerce. The company's focus on cost reduction, acquisitions, and capital structure optimization underscores its commitment to enhancing shareholder value.

Pitney Bowes reports Q4 progress amidst revenue decline and restructuring

Pitney Bowes showcased progress in cost reduction and restructuring efforts, despite revenue decline. The company faces challenges in revenue generation and cost management but sees growth opportunities in its business units. By focusing on optimizing operations and capital allocation, Pitney Bowes aims to drive shareholder value and pursue transformation.

Pitney Bowes reports strong Q1 earnings, optimistic outlook on growth

Pitney Bowes (PBI) delivered strong Q1 results with notable improvements in EBIT and free cash flow. Despite challenges in Global Ecommerce, the company is optimistic about the future, focusing on cost reduction, strategic priorities, and growth opportunities. Transitioning to digital and SaaS presents both challenges and opportunities for Pitney Bowes.

Pitney Bowes reports Q2 revenue growth, exits Global Ecommerce

Pitney Bowes delivered solid Q2 results with revenue growth, improved EBIT, and strong free cash flow. The decision to exit the Global Ecommerce business aims to cut losses and enhance financial performance. The company's focus on cost savings, operational excellence, and core business growth underscores its commitment to value creation.

Pitney Bowes reports improved Q3 performance amidst revenue challenges

Pitney Bowes' Q3 performance reflects improved financial metrics driven by successful strategic initiatives and revenue growth in key segments.
While facing challenges like revenue decline and debt management, the company is well-positioned to capitalize on opportunities in cost optimization and revenue expansion.
By focusing on cost efficiency, strategic initiatives, and leveraging growth opportunities, Pitney Bowes aims to enhance its financial health and drive sustainable growth.

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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 is composed of cross-border solutions, domestic parcel, and digital delivery services. The Presort Services segment offers 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 provides 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 (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, data and financial services, announced today it has been recognized with four Gold, three Silver and three Bronze awards by the Brandon Hall Group. The 2021 Brandon Hall Group HCM Excellence Awards are given for work in Learning and Development, Talent Management, Leadership Development, Talent Acquisition, Human Resources, Sales P

Pitney Bowes Wins Ten Gold, Silver and Bronze Awards in the 2021 Brandon Hall Group Human Capital Management Excellence Awards

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 Ned Zachar has joined the Company as Vice President and will be responsible for managing the Investor Relations program. Mr. Zachar will report to Pitney Bowes Chief Financial Officer Ana Maria Chadwick. Adam David, who previously led the Investor Relations program, will remain with

Pitney Bowes Names Ned Zachar Vice President of Investor Relations

Pitney Bowes (PBI) reported earnings 30 days ago. What's next for the stock?

Pitney Bowes (PBI) Down 0.9% Since Last Earnings Report: Can It Rebound?

Pitney Bowes Inc. (NYSE: PBI) announced pricing adjustments for its domestic and cross-border delivery and returns services for the peak holiday shipping season. The temporary pricing changes will go into effect on October 3, 2021.

Pitney Bowes Makes Peak Pricing Adjustment For Ecommerce Parcels

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 pricing adjustments for its domestic and cross-border delivery and returns services for the peak holiday shipping season. The temporary pricing changes have been published on the company's client portal and will go into effect October 3rd. “Pitney Bowes is making it easier for clients to

Pitney Bowes Announces Peak Pricing Adjustment for Ecommerce Parcels

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Calls for Redemption of Outstanding 3.875 Percent Notes Due 2022

Pitney Bowes Calls for Redemption of Outstanding 3.875 Percent Notes Due 2022

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Pitney Bowes Inc. (PBI) CEO Marc Lautenbach on Q2 2021 Results - Earnings Call Transcript

Pitney Bowes Inc (NYSE: PBI) reported second-quarter FY21 revenue growth of 7.2% year-on-year, to $899.2 million, beating the analyst consensus of $895.46 million. Revenue from Global eCommerce rose 5% to $418 million, Presort Services gained 14% to $135 million, and SendTech Solutions increased 8% to $346 million.

Pitney Bowes Q2 Earnings Smashes Estimates; Backs FY21 Outlook, Declares Dividend

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 second quarter 2021. “We delivered a solid second quarter and first half of the year,” said Marc B. Lautenbach, President and CEO, Pitney Bowes. “Once again, each business made a positive contribution to the quarter. Importantly, Global Ecommerce made signif

Pitney Bowes Announces Second Quarter 2021 Financial Results

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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 has appointed Nick Smith to the position of SVP Strategy, Product and Platform Management for Global Ecommerce. In this role, Smith will lead business strategy and be responsible for management of the company's global parcel platform, including the quality and delivery of ecommerce services. As Smith mov

Pitney Bowes Names Nick Smith SVP Strategy, Product & Platform Management, Global Ecommerce; Taps Amazon Veteran Brent Cervenka to Lead Global Ecommerce Operations

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, has been recognized as part of Forbes' annual list of America's Best Employers for Women 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The Best Employers for Women 2021 were chosen based on an independent survey o

Pitney Bowes Named One of Forbes' Best Employers for Women 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 revealed a new study highlighting key trends and behaviors in smart locker usage. The study of 2,200 Americans conducted by Morning Consult for Pitney Bowes found millennials, urban dwellers and office workers showed strong preferences for smart lockers. With 53 percent of all respondents nervous

Pitney Bowes Study Finds Millennials, Urban Dwellers and Office Workers are Trailblazers for Smart Lockers

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 its 2020 Corporate Responsibility Report (CSR). The report reflects the company's commitment to responsible citizenship through the way it conducts business, creates meaningful impact in local communities, achieves environmental sustainability, and strengthens its commitment to a diverse a

Pitney Bowes Releases 2020 Corporate Responsibility Report

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Announces New and Enhanced Cross-Border Services as Parcel Volume Growth Exceeds 100% in One Year.

Pitney Bowes Announces New and Enhanced Cross-Border Services as Parcel Volume Growth Exceeds 100% in One Year

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Why Pitney Bowes Stock Is Soaring Today

Pitney Bowes (PBI) completes a pilot run of the AmbiSort robotic system at its Bloomington e-commerce hub

Pitney Bowes (PBI) Set to Utilize AmbiSort Robotic System

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 weekly BOXpoll™ consumer surveys, which found that ecommerce utilization rates remain high in the U.S., even as mask mandates ease, stores reopen and more than half of eligible U.S. citizens are vaccinated. Forty-seven percent of U.S. consumers shop online more often toda

Vaccinated and Unmasked – Pitney Bowes BOXpoll™ Shows Pandemic's Impact on U.S. Consumer Shopping Habits

STAMFORD, Conn. & EMERYVILLE, Calif.--(BUSINESS WIRE)--Pitney Bowes Inc., a global technology company providing commerce solutions that power billions of transactions in the areas of ecommerce, shipping, mailing, and financial services, today announced plans to deploy AmbiSort robots, the automated parcel sorting systems from Ambi Robotics, in ecommerce hubs within the US over the next five years. The AmbiSort AI-powered systems will help Pitney Bowes speed parcel sortation to last-mile deliver

Pitney Bowes to Deploy Ambi Robotics AI-Powered Robots in US to Support Global Ecommerce Network

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Pitney Bowes is attempting to turn their business around after a decade of decline.

Be Cautious With Pitney Bowes At This Price

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 the expansion of its lockers portfolio with the launch of ParcelPoint™ Smart Lockers, a new suite of robust, secure contactless locker solutions unique to Pitney Bowes. Ideal for organizations planning the safe reopening of offices, college campuses and government agencies, these smart l

Pitney Bowes Expands Lockers Portfolio with Launch of ParcelPoint™ Smart Lockers

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News for Pitney Bowes Stock (PBI)