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More on Pitney Bowes' Q2

Jul. 30, 2015 10:44 AM ETPitney Bowes Inc. (PBI) StockBy: Niloofer Shaikh, SA News Editor
  • Pitney Bowes (NYSE:NYSE:PBI) reports a 4% decline in revenue on a constant currency basis.
  • Equipment sales fell 13.6% to $165.51M.
  • Segment revenue: Small & medium business solutions: $476.40M (-11%); Enterprise business solutions: $211.65M (-5%); Digital commerce solutions: $177.01M (flat); Other: $24.83M (-26%).
  • EBIT margin increased 190 bps to 26.33%.
  • FY2015 Guidance: Revenue: -1% to +1% on a constant currency basis; GAAP EPS: $2.06 to $2.21; Adjusted EPS: $1.75 to $1.90; Free cash flow: $450M to $525M.
  • Q2 results

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