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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Earnings data Q3 2024

Earnings data Q4 2024

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.

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.

Pitney Bowes Announces Pricing Update for Delivery Services as Parcel Volumes Continue to Surge into 2021

Investors need to pay close attention to Pitney (PBI) stock based on the movements in the options market lately.

Implied Volatility Surging for Pitney (PBI) Stock Options

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 Wheeler Financial from Pitney Bowes has closed a financing transaction with Choice Canning, the food producer. Headquartered in India with a subsidiary in the U.S. Choice Canning will use the capital generated by the transaction to invest in refrigerated vehicles for transportation

Wheeler Financial from Pitney Bowes Helps Choice Canning Optimize Cashflow with New Capital Lease

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 Wheeler Financial from Pitney Bowes has closed a financing transaction with Giuliante Machine Tool, Inc. The leading aerospace component manufacturer is investing the capital in sophisticated manufacturing technology to boost efficiency and meet its clients' evolving requirements. F

Wheeler Financial from Pitney Bowes Finances Investment in New Technology for Giuliante Machine Tool

E-commerce and parcel shipping provider Pitney Bowes Inc. (NYSE: PBI) said Wednesday that it will impose a 5.9% tariff rate increase on first- and last-mile e-commerce deliveries in the U.S. and on cross-border delivery services to 207 countries and territories. In addition, the Stamford, Connecticut-based company will apply a 4.9% tariff hike on U.S.-based reverse logistics services for product returns.

Pitney Bowes hikes US, international e-commerce shipping rates

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, today announced a 5.9% general rate increase (GRI) for ecommerce delivery services and a 4.9% increase for returns services, as described below, effective January 3, 2021. The pricing program continues the company's commitment to providing e-commerce shippers with simple, easy to understand rates and s

Pitney Bowes Announces 2021 Pricing for Ecommerce Services with Simple, Easy to Understand Rates

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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, today announced the launch of Pitney Bowes Same-Day Delivery through its cloud-based SendPro® Online sending platform. Setting a new industry standard, Pitney Bowes Same-Day Delivery raises the bar for cost-effective expedited services by providing access to a curated network of Pitney Bowes service pro

Pitney Bowes Launches Same-Day Delivery With SendPro Setting New industry Standard

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

Why Is Pitney Bowes (PBI) Down 19.3% Since Last Earnings Report?

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Buy Pitney Bowes (PBI) Stock for Massive Upside Ahead

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

News for Pitney Bowes Stock (PBI)