Pitney Bowes declares $0.05 dividend
- BySeeking Alpha-
Gainers:FreightCar America (RAIL) +17%. Ault Global (DPW) +13%. Losers: Pitney Bowes (PBI) -15%. CompX International (CIX) -10%
Pitney Bowes (PBI): Q1 Non-GAAP EPS of $0.07 beats by $0.03; GAAP EPS of -$0.18 misses by $0.22.Revenue of $915.2M (+14.9% Y/Y) beats by $41.38M.Full Year 2021 Expectations:...
Pitney Bowes Inc. is a global technology company that provides commerce solutions. The Company is principally engaged in offering ecommerce fulfillment, shipping and returns, cross-border ecommerce, office mailing and shipping, presort and financial services. The Company's segments include Global Ecommerce, Presort Services and Sending Technology Solutions. The Global Ecommerce segment offers domestic parcel services, cross-border solutions and digital delivery services. The Presort Services segment is engaged in providing sortation services to qualify first class mail, marketing mail and bound and packet mail for postal workshare discounts. The Sending Technology Solutions segment offers physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications. Its cloud enabled infrastructure provides software-as-a-service offerings delivered online and through mobile devices. The Company also provides revolving credit solutions.