revenue

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

Covid-19 has bludgeoned the U.S. passenger vessel industry

Covid-19 came down suddenly and hard on passenger vessels, which had been one of the very bright spots in the workboat market. Government shutdowns idling thousands of employees and vessels were followed by a barrage of new safety rules at every level.

Some operators lost the entire 2020 season. Others like ferries had to keep running, learning and adapting as they sailed with fewer riders. Some reopened when they could to a trickle of customers. Others may never reopen.

The Passenger Vessel...

https://www.workboat.com/news/passenger-vessels/covid-19-has-bludgeoned-the-u-s-passenger-vessel-industry/

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