Pitney Bowes Introduces New Technology for High-Volume Production Printing and Mailing Solutions
Pitney Bowes has unveiled new technology enhancements for its high-volume production printing and mailing solutions, aiming to boost operational savings and improve the quality of color communications for customers. The updates include an in-line envelope converting module, a Print+ Direct Mail™ color inkjet system, enhanced client job tracking for DFWorks® Software, and Intelligent Printer Data Stream compatibility for the IntelliJet 20® Printing System. These innovations are designed to help businesses produce faster, smarter, and more cost-effective customer communications.
Pitney Bowes Charts Cautious Turnaround in Earnings Call
Pitney Bowes presented a mixed outlook in its latest earnings call, highlighting leadership upgrades and stabilized Presort trends alongside ongoing revenue pressures in SendTech and restructuring costs. While management expressed cautious optimism, pointing to stronger free cash flow and strategic initiatives, they also acknowledged significant external risks and past missteps that contributed to a steeper-than-typical revenue decline in 2025. The company plans a strategic review in Q2 2026 to further refine its turnaround efforts, with a clearer return to year-over-year growth anticipated in the latter half of 2026.
Pitney Bowes: Fourth Quarter Financial Overview
Pitney Bowes reported a net income of $27.3 million for the fourth quarter, with earnings per share of 17 cents and adjusted earnings of 45 cents per share. The company generated $477.6 million in revenue for the quarter and $1.89 billion for the full year, with a total profit of $144.7 million. Looking ahead, Pitney Bowes projects full-year earnings per share between $1.40 and $1.60 on revenues ranging from $1.76 billion to $1.86 billion.
BofA initiates Pitney Bowes stock with underperform rating
BofA Securities initiated coverage on Pitney Bowes Inc. (NYSE:PBI) with an underperform rating and a price target of $9.00, below its current trading price. The firm cited structural headwinds in core mailing businesses and risks to pricing and volume growth. Despite Pitney Bowes' cost-saving efforts and strong gross profit margins, BofA believes that high leverage and operating earning risks following expense cuts will limit future shareholder returns.
TaxBandits Partners with Pitney Bowes to Streamline Postal Mailing of 1099, W-2, 1042-S, and ACA Recipient Copies
TaxBandits, a leading e-file provider, has partnered with Pitney Bowes, a global shipping and mailing solutions leader, to streamline the postal mailing of recipient copies for various tax forms like 1099, W-2, 1042-S, and ACA forms. This collaboration aims to provide businesses and tax professionals with a secure, accurate, and timely end-to-end compliance solution, leveraging Pitney Bowes' advanced print network and robust security features without surge fees. The service is available immediately, helping clients meet the February 2 deadline.
WEBTOON, Pitney Bowes, IBM, DXC, and First Advantage Shares Plummet, What You Need To Know
Shares of WEBTOON, Pitney Bowes, IBM, DXC, and First Advantage fell in the afternoon session due to escalating geopolitical tensions between the US and the EU, sparking fears of a renewed trade war and leading to a "risk-off" market mode. The VIX jumped to an eight-week high, indicating rising investor anxiety, particularly affecting mega-cap technology stocks with international operations. Despite the broad market decline, the article notes that significant price drops can create buying opportunities for high-quality stocks, and specifically highlights First Advantage's recent volatility and strong Q3 financial performance that surpassed analyst expectations.
Hestia Capital Management LLC Sells 560,719 Shares of Pitney Bowes Inc. $PBI
Hestia Capital Management LLC reduced its stake in Pitney Bowes Inc. by 4.7% in the third quarter, selling 560,719 shares. Despite this sale, Pitney Bowes remains Hestia Capital's largest holding, constituting 83% of its investment portfolio. Analysts currently have a "Moderate Buy" rating on the stock with an average price target of $12.00, and the company recently increased its quarterly dividend.
Why Citizens JMP sees upside in Pitney Bowes with market outperform rating and strategic buybacks
Citizens JMP maintains a Market Outperform rating on Pitney Bowes, citing the company's attractive valuation and ongoing strategic buyback program. Analysts believe that these factors present a compelling investment opportunity despite recent market trends. The report highlights the potential for significant upside in Pitney Bowes shares as the company continues to execute its financial strategy.
Pitney Bowes (NYSE: PBI) starts $75M cash tender offers for long-term notes
Pitney Bowes Inc. (NYSE: PBI) has initiated cash tender offers to purchase up to $75 million aggregate principal amount of its outstanding 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037. The tender offers are set to expire on December 19, 2025, and are designed to provide holders with an opportunity to sell their notes at specified prices. The company intends to finance these purchases using cash on hand.
Is It Smart To Buy Pitney Bowes Inc. (NYSE:PBI) Before It Goes Ex-Dividend?
Pitney Bowes Inc. (NYSE:PBI) is approaching its ex-dividend date, meaning investors need to purchase shares by November 10th to receive the next US$0.09 dividend, payable December 8th. The company shows a solid trailing yield of 3.3% and a sustainable payout ratio, with dividends covered by both profit (61%) and free cash flow (20%). Despite a historical dividend decline over the past decade, earnings per share have grown annually by 16% over the last five years, suggesting potential for future dividend increases.
PITNEY BOWES INC /DE/ SEC 10-Q Report
Pitney Bowes Inc. has released its Form 10-Q for Q3 2025, reporting a return to profitability with a net income of $52.0 million and diluted EPS of $0.30, compared to a net loss in the prior year. Despite a decrease in total revenue to $459.7 million, the company showed improved operating income and is undergoing a strategic realignment and restructuring plan aimed at future growth and cost savings.
Pitney Bowes expands revolving credit facility to $400 million
Pitney Bowes Inc. has expanded its revolving credit facility to $400 million by amending its existing credit agreement, adding $135 million to the total commitments. This facility matures in March 2028 and is part of the company's financial strategy. The company also recently completed a $230 million offering of convertible senior notes due 2030 and reported its Q2 2025 earnings.
Activist Investor Who Won Pitney Bowes Proxy Battle Named CEO
The head of activist investor Hestia Capital Management, Kurt Wolf, has been appointed CEO of Pitney Bowes Inc. Wolf's appointment comes roughly two years after he successfully won board seats for Hestia at the shipping services provider. He replaces Lance Rosenzweig and confirmed a previous Bloomberg News report.
Pitney Bowes Appoints Kurt Wolf as CEO
Pitney Bowes Inc. (NYSE: PBI) has appointed Kurt Wolf as its new Chief Executive Officer, effective immediately. Wolf, a significant shareholder and architect of the company’s turnaround, succeeds Lance Rosenzweig, who is retiring. The company also announced plans to repurchase $150 million in shares in 2025 and is on track to achieve its 3.0x adjusted leverage ratio target sooner than expected, giving it greater financial flexibility.
Pitney Bowes Enhances Ecommerce Shipping with ShipAccel
Pitney Bowes launched ShipAccel, a new digital platform designed to simplify and enhance shipping operations for ecommerce businesses of all sizes. The solution, which leverages Pitney Bowes' Shipping 360 platform, offers features like seamless integration with carriers and marketplaces, automation for rate comparison and label generation, real-time insights, branded tracking, and cost savings on shipping rates. ShipAccel aims to help businesses optimize shipping strategies, reduce costs, and improve customer experiences.
Pitney Bowes Stock: Turnaround Is Imminent (NYSE:PBI)
Pitney Bowes (PBI) is undergoing a turnaround under new management, which is expected to improve business fundamentals and lead to a market reevaluation. The company's exit from GEC and successful deleveraging are key factors contributing to this positive outlook. Despite strong year-to-date performance, the stock's valuation remains attractive as the market underappreciates the progress made.
Pitney Bowes Appoints Lance Rosenzweig as CEO
Pitney Bowes Inc. announced the appointment of Lance Rosenzweig as its permanent Chief Executive Officer, effective immediately. The Board of Directors also appointed Milena Alberti-Perez as non-executive Chair and added Paul Evans, Catherine Levene, and Julie Schoenfeld as new directors. These leadership changes are intended to drive the company's transformation, focusing on cash management, deleveraging, and maximizing shareholder value.
Pitney Bowes Global Ecommerce’s shutdown will shake up carrier mixes
The shutdown of Pitney Bowes Global Ecommerce (GEC), which offered low shipping rates, will force many shippers to adjust their carrier mixes. Experts suggest that shippers with multi-carrier strategies will experience minimal disruption, while others will need to find new providers, potentially turning to shipping consolidators, national carriers like FedEx and UPS, or direct contracts with the U.S. Postal Service. The liquidation of GEC is expected to conclude early next year, impacting services like Domestic Forward Standard Delivery and Domestic Cross-Border U.S. Outbound.
Compact Shipping Label Printer with Built-In Scale
Pitney Bowes Inc. has launched PitneyShip Cube, an all-in-one Wi-Fi-enabled thermal shipping label printer with an integrated 15-pound scale. This device allows users to process orders, weigh packages, compare shipping rates, print labels, and track packages from a single compact unit using a mobile phone or computer. The PitneyShip Cube aims to streamline shipping processes for e-commerce and office shippers, saving time and space.
Pitney Bowes Presort Services Expands into Salt Lake City Valley
Pitney Bowes has acquired the presort assets of Skymail International, strengthening its Presort Services network in the Salt Lake City Valley and Western U.S. This acquisition adds over 100 million First Class mail pieces annually to Pitney Bowes' network. It further enhances the regional mail exchange anchored by the company's Mega Center in Las Vegas.
Pitney Bowes and Funding Circle launch innovative partnership to support small business lending
Pitney Bowes and Funding Circle US have partnered to provide term loans to Pitney Bowes' small business customers, leveraging Funding Circle's machine learning platform for streamlined online applications and competitive rates. This collaboration aims to improve access to critical capital for small businesses, especially as many seek financing for growth, and represents a strategic move for both companies to support the SMB economy. The partnership highlights a shared mission to break down barriers to finance for small and medium-sized businesses.
Pitney Bowes CFO joins discount store's board of directors
Pitney Bowes Chief Financial Officer Ana Maria Chadwick has been elected to the board of directors of a discount store, expanding the board from eight to nine members. This move was reported by Anne Stych, Bizwomen Editor at The Business Journals, on August 1, 2022. The article also mentions that Dollar General plans to aggressively expand its upscale store concept.
Borderfree Acquired by Global-e from Pitney Bowes
Global-e has acquired Borderfree from Pitney Bowes for $100 million in cash, a significant decrease from its original acquisition price in 2015. This acquisition includes a strategic partnership where Pitney Bowes will provide logistics services to Global-e clients, and its clients will gain access to Global-e's cross-border platform. The acquisition aims to enhance global expansion capabilities for brands and is expected to close in Q3, with Borderfree projected to generate $40 million in revenue for 2022.
Pitney Bowes Parcel Shipping Index Finds US Parcel Volume Reached Record High of 21.5 Billion in 2021
The Pitney Bowes Parcel Shipping Index revealed that US parcel volume grew by six percent in 2021, reaching a record high of 21.5 billion parcels. Carrier revenues also increased significantly to $188 billion, up 16 percent from 2020. The report highlights the continued impact of the pandemic on shipping and logistics, forecasting further growth to 25-40 billion parcels by 2027.
Pitney Bowes Opens First Presort Services ‘Mega Center’ in Las Vegas
Pitney Bowes has opened its largest-ever Presort Services operating center, a 175,000 square foot "Mega Center" in Las Vegas, Nevada. This new facility is unique as it will process all types of mail, including First-Class Letters & Flats, Marketing Mail, and Bound Printed Matter, in a single location. It aims to create network efficiencies and transportation synergies for mailers and shippers in the West Region and will employ over 200 full-time workers.
Pitney Bowes boosts in-house trucking fleet to avoid spot market
Pitney Bowes has increased its in-house trucking capacity by 42% to reduce its reliance on the volatile spot market. This strategic move aims to cut transportation costs, as using company-owned trucks can be significantly cheaper than contracting drivers on the spot market. The company plans to continue bolstering its internal fleet to mitigate the impact of rising freight rates and limited trucking capacity.
Pitney Bowes: "staggering" parcel volumes expected to reach 266 billion by 2026
Pitney Bowes' latest Parcel Shipping Index predicts global parcel volumes will reach 266 billion by 2026, doubling in five years, following a 27% year-over-year increase to 131.2 billion parcels in 2020. The report highlights significant growth in the UK, which saw a 33% rise in parcel volumes and the highest increase in carrier revenue among the 13 major markets studied. China continues to dominate in volume, while the US leads in carrier revenue, as the industry experienced a transformative year driven by e-commerce.
39 Billion by 2026: America’s Carriers Will Nearly Double Their Package Hauls, Data Shows
A Pitney Bowes report indicates U.S. parcel volume surged 37% in 2020 to 20 billion, driven by e-commerce due to the pandemic. The study forecasts a near doubling of parcel volume to 32-39 billion by 2026, with a 10% CAGR. Major carriers like UPS, FedEx, and USPS saw significant revenue growth, while Amazon Logistics rapidly increased its market share.
Pitney Bowes Names Nick Smith SVP Strategy, Product & Platform Management, Global Ecommerce; Taps Amazon Veteran Brent Cervenka to Lead Global Ecommerce Operations
Pitney Bowes Inc. (NYSE: PBI) has announced key leadership appointments in its Global Ecommerce division to strengthen its team ahead of the 2021 peak shipping season. Nick Smith has been named SVP Strategy, Product and Platform Management, Global Ecommerce, while Amazon veteran Brent Cervenka joins as SVP, Global Operations for Global Ecommerce. These appointments are part of a broader effort to recruit top talent and enhance the company's ecommerce logistics capabilities.
Pitney Bowes introduces ParcelPoint Smart Lockers
Pitney Bowes has launched ParcelPoint Smart Lockers, an expansion of its parcel locker systems, to address the surging demand for e-commerce and secure package management. These lockers, managed by Pitney Bowes’ SaaS technology, offer remote management and aim to streamline parcel and mail delivery in various settings. The global smart parcel locker market is projected to reach over $1.4 billion by 2027, driven by the exponential growth in parcel volume.
Pitney Bowes Appoints Ana Maria Chadwick as Executive Vice President and Chief Financial Officer
Pitney Bowes has appointed Ana Maria Chadwick as Executive Vice President and Chief Financial Officer, effective January 29, 2021. Ms. Chadwick brings over 20 years of experience from GE Capital, where she held various executive positions focused on operational and financial leadership. She will be responsible for the company's financial operations, reporting to CEO Marc Lautenbach.
Pitney Bowes Highlights Environmental, Diversity
Pitney Bowes released its 2019 Corporate Responsibility Report, detailing progress in environmental impact reduction, diversity and inclusion, and community engagement. The report highlights achievements such as reaching carbon emission targets early, significant savings in energy consumption, and long-standing commitments to diversity, including celebrating 100 years of operation. The company also emphasizes its philanthropic efforts and employee volunteerism, particularly focusing on literacy, education, and disaster relief.
Pitney Bowes’ SendPro Mailstation Reaches Milestone of 10K Units Sold
Pitney Bowes announced that its SendPro Mailstation has reached a milestone of 10,000 units sold, averaging 100 sales per day for 100 business days since its launch. This achievement coincides with the company's 100th anniversary year. The SaaS-based SendPro Mailstation was also named a finalist for the 2020 SaaS Awards in the Best SaaS for Small Business or SMEs category.
Pitney Bowes Marks 100th Anniversary with Award-Winning SendPro Mailstation
Pitney Bowes Inc. has launched the SendPro Mailstation, an award-winning cloud-connected sending device, to commemorate its 100th anniversary. This new device aims to simplify and enhance office sending with features like postage-in-the-cloud capabilities and an intuitive touchscreen, marking a significant step in the company's continuous innovation in commerce solutions. Clients praise its ease of use, cost savings, and modern design.
Pitney Bowes, a Company Built on Innovation, Community and Diversity and Inclusion, Marks its First 100 Years and the Next Century to Come
Pitney Bowes celebrates its 100th anniversary, marked by a Connecticut Public Television documentary, "The Innovators – Pitney Bowes at 100." The company highlights its history of innovation, community involvement, and resilience through challenges like the current pandemic. Despite postponing some anniversary events due to COVID-19, Pitney Bowes remains focused on its core values and supporting clients globally.
Pitney Bowes Announces SendPro C Auto - Latest Evolution of Award-Winning Sending Technology
Pitney Bowes Inc. (NYSE: PBI) has launched SendPro C Auto, a new addition to its SendPro series featuring high-speed auto-feed functionality. This technology aims to automate mail processing, handle large mail volumes, print labels, ship parcels, and track shipments and costs, processing up to 120 letters per minute. It offers significant cost savings through postage discounts and increased efficiency, leveraging IoT and data analytics.
Colgate-Palmolive Taps New CFO As It Navigates High Demand
Colgate-Palmolive Co. has appointed Stanley Sutula as its new Chief Financial Officer, effective November 9th. Mr. Sutula, previously with Pitney Bowes Inc., will succeed Henning Jakobsen, who plans to retire at the end of the year. This change comes as the consumer-products company continues to experience high demand for its products like soap and pet food during the pandemic.
Data Science Focus Delivers for Pitney Bowes
Pitney Bowes Inc.'s focus on software-powered logistics and data science has enabled it to capitalize on the e-commerce boom, particularly during the coronavirus pandemic. The company's service, which manages parcel deliveries and returns for approximately 600 retailers worldwide, is projected to generate over $1 billion in sales this year, with third-quarter revenue for this segment increasing by nearly 50% year-over-year to $410 million.
Shipping giant Pitney Bowes hit by ransomware
Shipping technology company Pitney Bowes confirmed a malware attack, specifically ransomware, which encrypted information on its systems. While there's no evidence of customer or employee data being improperly accessed, the attack has disrupted client services and internal corporate processes, affecting its 1.5 million clients, including Fortune 500 companies and sellers on platforms like Etsy and Shopify. The incident follows an FBI warning about high-impact ransomware attacks targeting large businesses.
Shipping Giant Pitney Bowes’ Services Stalled by Ransomware Attack
Mailing services company Pitney Bowes, serving over 1.5 million clients, experienced a ransomware attack on Monday, October 14, 2019, which disrupted customer access to some of its services and affected its commerce operations. While the company is working to restore affected systems and believes no customer data was improperly accessed, experts like Stuart Reed highlight the ongoing challenges companies face in preventing ransomware attacks.
Why Pitney Bowes Stock Should Be in Every Portfolio Today
This article argues that Pitney Bowes (NYSE: PBI) stock is a strong long-term investment despite its past struggles, highlighting a successful turnaround strategy initiated in 2012 by CEO Marc Lautenbach. The strategy involves transitioning from legacy mail services to e-commerce and software, leading to recent positive earnings and a significantly undervalued stock. The article also suggests potential for a short squeeze ahead of upcoming Q4 2018 earnings and notes a high dividend yield and favorable analyst ratings.
Pitney Bowes Document Messaging Technologies rebrands as BlueCrest
Pitney Bowes Document Messaging Technologies (DMT) has rebranded as BlueCrest following its acquisition by Platinum Equity. BlueCrest will provide global technology solutions for client communications and parcels, focusing on operational efficiency for postal and parcel logistics companies. The company aims to expand its solutions portfolio and enter new markets as a standalone business.
CryptoChicks crash the male cryptocurrency party
CryptoChicks is organizing the first all-women's blockchain hackathon in Toronto to address the underrepresentation of women in the cryptocurrency and blockchain space. Co-founders Natalia Ameline and Nataliya Hearn aim to create a safe environment for women to learn and participate in the community, noting that women make up only about 8% of the blockchain world. They emphasize nurturing interest in technology from a young age, encouraging passion over traditional career paths.
Pitney Bowes Inc. (PBI) Interactive Stock Chart
This article provides an interactive stock chart for Pitney Bowes Inc. (PBI), along with current stock performance data, recent news headlines related to the company's financial performance, and a list of related tickers in the same industry. It highlights PBI's current stock price, daily change, and after-hours trading activity, as well as recent news detailing Q3 earnings, losses, and dividend declarations.
Austin e-commerce and retail logistics firm to be acquired by Pitney Bowes for $475M
Pitney Bowes plans to acquire Austin-based e-commerce and retail logistics firm Newgistics Inc. for $475 million. The deal is expected to close by early Q4 2017, with Newgistics continuing to operate independently into Q1 2018 to ensure smooth operations during the holiday shipping season. Newgistics is led by CEO Todd Everett.
Pitney Bowes Acquires Newgistics Inc. for $475 Million
Pitney Bowes announced its acquisition of Newgistics Inc. for $475 million to expand its presence in the U.S. domestic parcels market. This strategic move aims to accelerate Pitney Bowes' transformation and strengthen its ecommerce and shipping solutions. The acquisition is expected to close by the late third or early fourth quarter of 2017.
Pitney Bowes Expands Capabilities in Growing Ecommerce and Parcel Services Space with Acquisition of Newgistics, Inc.
Pitney Bowes announced the acquisition of Newgistics, Inc. for approximately $475 million, significantly expanding its presence in the U.S. domestic parcels market and ecommerce solutions. This acquisition, combined with organic growth and network expansion, aims to accelerate Pitney Bowes' transformation and enhance its offerings for retailers, SMBs, and enterprise clients. Newgistics' expertise in parcel delivery, returns, and fulfillment, along with its USPS partnership, complements Pitney Bowes' existing services and positions the company for future growth in the shipping and sending market.
'In IT there is no job security': Despondent Andhra techie jumps to death in Pune
A 25-year-old techie from Andhra Pradesh, Gopikrishna Prasad, jumped to his death in Pune, leaving behind a suicide note expressing worry about his future and family due to job insecurity in the IT sector. This incident comes amidst widespread layoffs and concerns about automation in the Indian IT industry. The Forum for IT Employees (FITE) highlighted the severe impact of these layoffs on migrant tech workers and their families, urging government intervention.
Pitney Bowes Makes it to 'Top 10 Best Indian Companies to Work For' List
Pitney Bowes has been named one of "India's Best Companies to Work For 2017" by The Economic Times, marking the seventh time in ten years it has received this recognition. The global technology company, which has offices across India, was also recognized as one of Forbes' America's 500 Best Large Employers for the second consecutive year. This recognition is attributed to the company's strong culture of innovation and its commitment to attracting and retaining talent.
India’s Parcel shippings grow by 8.2% to 340 mn
India's parcel shipping volumes increased by 8.2% to 340 million, with spending rising by 17.2%, driven by e-commerce growth and modernization among carriers. The market is highly fragmented, with unorganised players constituting 53% of spending, while DTDC is the largest organised player. Globally, the U.S. remains the largest parcel shipping market.
