Pitney Bowes Q1 Profit Hits $58.1M, Full-Year Guidance Raised
PBI•Pitney Bowes posted a first-quarter profit of $58.1 million (39 cents per share) and adjusted EPS of 47 cents on $477.4 million in revenue. The company forecast full-year earnings of $1.50–$1.65 per share on $1.8–$1.86 billion in revenue.
1. First-Quarter Financial Results
Pitney Bowes reported first-quarter profit of $58.1 million, or 39 cents per share, and adjusted earnings of 47 cents per share, up from 33 cents a year ago, on revenue of $477.4 million.
2. Guidance and Strategic Outlook
The company projects full-year earnings of $1.50–$1.65 per share and revenue of $1.8–$1.86 billion, while CEO Kurt Wolf highlighted expansion in digital shipping, cost discipline, and ongoing restructuring initiatives.
