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Pitney Bowes Inc (PBI.N)

PBI.N on New York Stock Exchange

12.64USD
23 Feb 2018
Change (% chg)

$0.36 (+2.93%)
Prev Close
$12.28
Open
$12.39
Day's High
$12.65
Day's Low
$12.30
Volume
346,930
Avg. Vol
648,491
52-wk High
$16.25
52-wk Low
$9.56

Latest Key Developments (Source: Significant Developments)

Pitney Bowes Reports Q4 GAAP EPS Of $0.48
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Pitney Bowes Inc ::PITNEY BOWES ANNOUNCES FULL YEAR AND FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.40.Q4 GAAP EARNINGS PER SHARE $0.48.Q4 REVENUE $1.0 BILLION VERSUS I/B/E/S VIEW $991 MILLION.Q4 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $1.40 TO $1.55.SEES FY 2018 REVENUE UP 9 TO 13 PERCENT.SEES FY FREE CASH FLOW TO BE IN RANGE OF $350 MILLION TO $400 MILLION.COMPANY ALSO EXPECTS TO REPATRIATE CASH AND WILL USE CASH TO PAY DOWN DEBT IN 2018.FY2018 EARNINGS PER SHARE VIEW $1.42, REVENUE VIEW $3.73 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pitney Bowes Received Interest From Blackstone, Carlyle‍​- CNBC, Citing Report‍​
Friday, 12 Jan 2018 

Jan 11 (Reuters) - :PITNEY BOWES HAS RECEIVED INTEREST FROM BLACKSTONE AND CARLYLE‍​- CNBC, CITING A REPORT‍​.  Full Article

Pitney Bowes Q3 adjusted earnings per share $0.33
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Pitney Bowes Inc :Pitney Bowes announces third quarter 2017 financial results.Q3 adjusted earnings per share $0.33.Q3 GAAP earnings per share $0.31.Q3 revenue $843 million versus I/B/E/S view $831.5 million.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.38 to $1.46.Sees FY 2017 revenue up 3 to 5 percent.Pitney Bowes Inc - ‍lowering its annual guidance range for adjusted EPS and free cash flow​.Pitney Bowes Inc - ‍increasing its annual revenue guidance range to reflect Newgistics acquisition​.Pitney Bowes Inc - ‍announcing a $200 million spend reduction program over next 2 years​.Pitney Bowes Inc - ‍for FY 2017 revenue, on a constant currency basis, to be in range of 3 percent to 5 percent growth, when compared to 2016​.Pitney Bowes Inc - ‍for full year 2017 free cash flow to be in range of $350 million to $380 million​.Pitney Bowes Inc - ‍has initiated a review of strategic alternatives for company​.  Full Article

Pitney Bowes Q2 GAAP earnings per share $0.28
Tuesday, 2 Aug 2016 

Pitney Bowes Inc : Pitney Bowes announces second quarter 2016 financial results . Q2 gaap earnings per share $0.28 . Q2 adjusted earnings per share $0.39 . Q2 revenue $836 million versus I/B/E/S view $852.5 million . Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Sees full year 2016 adjusted EPS to be in range of $1.75 to $1.82 . Fy2016 earnings per share view $1.78, revenue view $3.47 billion -- Thomson Reuters I/B/E/S . Sees full year 2016 revenue, on a constant currency basis, to be in range of 1 percent decline to 3 percent decline when compared to 2015 .Pitney Bowes Inc sees full year 2016 free cash flow to be in range of $400 million to $450 million.  Full Article

Pitney Bowes Inc reaffirms FY 2016 guidance
Tuesday, 3 May 2016 

Pitney Bowes Inc:Expects FY 2016 revenue, on a constant currency basis, to be in the range of a 1 percent decline to 2 percent growth when compared to FY 2015.Expects FY 2016 earnings per diluted share (EPS) from continuing operations to be in the range of $1.80 to $2.00 on both an adjusted and GAAP basis.  Full Article

Pitney Bowes Inc - New U.S. sanctions a headache for companies linked to North Korean gold - Reuters News
Monday, 28 Mar 2016 

Pitney Bowes Inc:More than two dozen U.S.-listed companies have links to North Korean gold in their supply chains, according to regulatory disclosures reviewed by Reuters, potentially putting them at risk of penalties under tough new U.S. sanctions against Pyongyang's mining sector. - RTRS.A March 16 executive order by President Barack Obama allows the United States to blacklist anyone found to be operating in North Korea's mining sector or to have purchased metal from its government - even indirectly through a third-country supplier.The use of North Korean gold or other metals could open a company to millions of dollars in U.S. fines, criminal prosecutions and costly investigations.U.S. Securities and Exchange Commission (SEC) filings show 25 companies, including Pitney Bowes Inc, Winnebago Industries Inc and Iridium Communications Inc, disclosed in 2015 that their suppliers had used a gold smelter operated by North Korea's central bank.Gold is widely used in electronics, valued for its ability to conduct electricity efficiently. Reuters did not find links between firms and any other North Korea-sourced metals based on SEC filings.Another company that listed North Korean gold in its supply chain was Oregon technology company Radisys Corp.A spokesman said he was unsure of the company's ties to the North Korean refinery. The company uses gold to make electronics and would switch to another supplier if required by law, he said.  Full Article

BRIEF-Pitney Bowes Reports Q4 GAAP EPS Of $0.48

* PITNEY BOWES ANNOUNCES FULL YEAR AND FOURTH QUARTER 2017 FINANCIAL RESULTS