Pitney Bowes Shares Drop As Q2 Earnings Falls Short
Pitney Bowes Inc (NYSE: PBI ) reported a second-quarter FY22 sales decline of 3.1% year-on-year to $871.5 million, missing the analyst consensus of $897.97 million. Global Ecommerce revenue fell 6% Y|Y to $394 million, Presort services increased 3% to $139 million, and SendTech Solutions declined 2% to $339 million. Total costs and expenses for the quarter … Full story available on Benzinga.com
Pitney Bowes Shares Drop As Q2 Earnings Falls Short
Pitney Bowes Inc (NYSE: PBI ) reported a second-quarter FY22 sales decline of 3.1% year-on-year to $871.5 million, missing the analyst consensus of $897.97 million. Global Ecommerce revenue fell 6% Y|Y to $394 million, Presort services increased 3% to $139 million, and SendTech Solutions declined 2% to $339 million. Total costs and expenses for the quarter … Full story available on Benzinga.com