Pitney Bowes ( (PBI) ) has released its Q3 earnings. Here is a breakdown of the information Pitney Bowes presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pitney Bowes Inc., a technology-driven company, offers digital shipping solutions, mailing innovations, and financial services globally, serving a diverse clientele from small businesses to large enterprises and government entities.
In its third-quarter 2025 earnings report, Pitney Bowes announced a significant improvement in earnings, despite a decline in revenue. The company also highlighted its strategic initiatives, including increased share repurchase authorization and dividend growth.
Key financial metrics revealed a revenue of $460 million, marking an 8% year-over-year decline. However, the company reported a GAAP EPS of $0.30, a notable improvement from the previous year’s loss. Adjusted EPS also saw an increase to $0.31. The company identified additional cost savings of $50 to $60 million as part of its strategic review.
Segment-wise, SendTech Solutions experienced a 6% revenue decline due to product migration and a reduced mailing install base, while Presort Services saw an 11% drop in revenue attributed to client losses and market decline. Despite these challenges, the company maintained a stable Adjusted Segment EBITDA for SendTech Solutions.
Looking ahead, Pitney Bowes expects to meet the lower end of its revenue, Adjusted EBIT, and Free Cash Flow guidance, while aiming for the midpoint of its Adjusted EPS guidance. The company remains focused on operational efficiencies and strategic initiatives to drive future growth.