Pitney Bowes reports record revenue in Q4

Pitney Bowes reports fourth quarter earnings for 2020.Link to full report

E-commerce and parcel solutions provider Pitney Bowes (NYSE: PBI) Tuesday reported consolidated revenue exceeded $1 billion for the fourth quarter of 2020, a 24% year-over-year increase.

“Revenue growth was the highest modern-day, organic growth rate on record for us,” Marc B. Lautenbach, president and CEO at Pitney Bowes, said in a statement. 

Earnings per share did dip to 13 cents in the fourth quarter from 14 cents per share in Q4 of 2019.

Global e-commerce for Pitney Bowes...

https://www.freightwaves.com/news/pitney-bowes-reports-record-revenue-in-q4

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