The Latest Breaking News from Pitney Bowes

A California-based autonomous trucking company will begin a Dallas route in partnership with century-old business equipment firm Pitney Bowes.

Global-E Online Ltd (NASDAQ:GLBE) has entered into a definitive agreement with Pitney Bowes Inc (NYSE:PBI) to acquire Borderfree cross-border eCommerce solutions business for about $100 million in cash. Borderfree helps retailers enter new global markets by localizing their domestic websites in 200+ countries and territories. The acquisition is expected to strengthen Global-E's platform offering for…

Pitney Bowes Inc's (NYSE:PBI) Pitney Bowes Bank signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc (ZDS) of Long Beach, California. ZDS specializes in Last-Mile Delivery support for large national and regional carriers in Los Angeles County, Orange County, and other markets across Southern California. The credit…

Pitney Bowes Inc. (NYSE: PBI) shares are trading lower by 18.7% at $5.01 Tuesday morning after the company reported worse-than-expected fourth-quarter EPS results.

Pitney Bowes Inc (NYSE:PBI) reported a fourth-quarter FY21 sales decline of 4.3% year-on-year, to $983.7 million, beating the analyst consensus of $961.63 million. Global Ecommerce revenue fell 9% Y/Y to $473 million, Presort services increased 16% to $156 million, and SendTech Solutions declined 6% to $354 million. Total costs and expenses declined 2.8%…

Pitney Bowes (NYSE:PBI) is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement. Analysts estimate that Pitney Bowes will likely report an Earnings Per Share (EPS) of $0.11.