Why Pitney Bowes Shares Are Trading Higher Today
Pitney Bowes Inc (NYSE:PBI) reported first-quarter FY22 sales growth of 1.3% year-on-year to $926.94 million, missing the consensus of $931.76 million. Global Ecommerce revenue grew 1% Y/Y to $419 million, Presort services increased 12% to $161 million, and SendTech Solutions declined 3% to $348 million. Total costs and expenses declined 5.7% Y/Y to…
Benzinga ·
Benzinga
