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PBI - Pitney Bowes, Inc.8:00:02 PM 5/7/2024
Price
$5.23
-0.06 (-1.13%)
Pitney Bowes is an American technology company most known for its postage meters and other mailing equipment and services, and with expansions into e-commerce, software, and other technologies. The company was founded by Arthur Pitney, who invented the first commercially available postage meter, and Walter Bowes as the Pitney Bowes Postage Meter Company on April 23, 1920. Pitney Bowes provides customer engagement, customer information management, global e-commerce, location intelligence, and mailing and shipping services to approximately 1 million customers in about 100 countries around the world in 2016. The company is a certified "work-share partner" of the United States Postal Service, and helps the agency sort and process 15 billion pieces of mail annually. Pitney Bowes has also commissioned surveys related to international e-commerce.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue830.5MM-5%
Operating Income9.7MM-104%
Operating Expenses820.8MM-
Net Income-2.9MM-99%
R&D9.5MM-8%
G&A216.2MM-3%
Amortization4MM-
Interest Expense27.8MM-2%
Restructuring & Acquisition--
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