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0.0225763612217795 0.00929614873837985 0.00929614873837985 0.0292164674634794 0.0358565737051792 0.0544488711819389 0.0624169986719787 0.0358565737051793
Stock impact report

Pitney Bowes Provides Additional Detail on Financial Outlook

Pitney Bowes Inc. (PBI) 
Last pitney bowes inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.pitneybowes.com
Company Research Source: Business Wire
Expects Q4 2024 Revenue of $505 Million to $515 Million STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today provided supplemental detail around guidance for the fourth quarter of 2024, long-term revenue considerations, and debt reduction and refinancing efforts.Q4 2024 Revenue Outlook DetailThe Company announced updated guidance on November 7, 2024, including a full-year revenue decline in a low-single-digit range and a full-year Adjusted EBIT increase to $355 million to $360 million. For additional clarity, the Company’s revenue outlook for the fourth quarter of fiscal year 2024 is in the range of $505 million to $515 million. The Company reported comparable revenue for the fourth quarter of fiscal year 2023 of $526 million.Because of the Global Ecommerce exit process, a majority of that segment is now reported as discontinue Show less Read more
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