More on Pitney Bowes' Q2

• Pitney Bowes (NYSE:NYSE:PBI) reports revenue fell 4% on a constant currency basis in Q2.
• Equipment sales decreased 7.8% to $152.64M.
• Business services sales grew 4.1% to $201.46M.
• Segment revenue: Small & medium business solutions: $428.41M (-8%); Enterprise business solutions: $211.64M (flat); Digital commerce solutions: $195.84M (+11%).
• Adjusted EBIT margin declined 200 bps to 18.4%.
• FY2016 Guidance: Revenue: -1% to -3% (on a constant currency basis); Adjusted EPS: $1.75 to $1.82; Free cash flow: $400M to $450M; Tax rate: 33% to 35%.