Activist investor Hestia Capital is poised to shortly take control of the parcel delivery, mail sortation, and postage meter provider Pitney Bowes. Hestia intends to pursue operational improvements ...
Revenue: $499 million, down 1% year-over-year. Adjusted EBIT: $103 million, up 22% from the previous year. Adjusted EPS: $0.21 per share, compared to $0.16 per share last year. Free Cash Flow: $75 ...
Pitney Bowes delivered a first quarter that drew a positive market response, driven by strong margin expansion and disciplined cost management despite missing Wall Street's revenue expectations.