Welcome to our dedicated page for Pitney Bowes news (Ticker: PBI), a resource for investors and traders seeking the latest updates and insights on Pitney Bowes stock.
Pitney Bowes Inc (NYSE: PBI) is a global leader in commerce solutions, combining decades of mailing expertise with cutting-edge SaaS shipping technologies and financial services. This page serves as the definitive source for official company announcements, strategic updates, and market-moving developments.
Investors and industry professionals will find curated access to earnings reports, technology partnerships, logistics innovations, and leadership updates. Our collection spans operational milestones across both SendTech Solutions and Presort Services segments, providing insights into PBI's evolving role in digital commerce.
Key updates include new product launches in mailing automation, strategic alliances enhancing global shipping networks, and financial performance metrics. Bookmark this page for real-time access to verified information affecting PBI's market position and technological advancements.
Pitney Bowes (NYSE: PBI) has announced a quarterly cash dividend of $0.07 per share on its common stock. The dividend will be paid on June 6, 2025, to stockholders who are on record as of May 19, 2025. This dividend declaration represents the company's continued commitment to providing regular returns to its shareholders.
Pitney Bowes (NYSE: PBI) has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, after market close. The company will host an investor conference call at 5:00 p.m. ET the same day to discuss the results.
The technology-driven company, which provides SaaS shipping solutions, mailing innovation, and financial services globally, serves more than 90 percent of the Fortune 500. Investors and stakeholders can access the earnings call and supplemental information through the company's investor relations website.
Pitney Bowes (NYSE: PBI), a technology company specializing in SaaS shipping solutions, mailing innovation, and financial services, has announced its participation in two major investor conferences in March 2025.
The company will attend the 37th Annual ROTH Conference on March 17, 2025, where CEO Lance Rosenzweig and CFO Bob Gold will conduct one-on-one meetings with investors. Additionally, at the Sidoti Spring 2025 Small-Cap Conference on March 20, 2025, the company will deliver a presentation at 1:45pm ET, which will be available via webcast on their Investor Relations website. The executives will also host individual investor meetings at this event.
Pitney Bowes serves a prestigious client base that includes over 90% of Fortune 500 companies, providing solutions to reduce mail and parcel sending complexity for businesses of all sizes and government entities.
Pitney Bowes (NYSE: PBI) has been named the Top Company in Shipping Software for 2025 by Logistics Tech Outlook magazine. The recognition comes from a panel of C-level executives, industry experts, and editorial board members who evaluated companies based on innovation, reliability, customer impact, and industry leadership.
The company's advanced SaaS-based multicarrier shipping platform serves over 90% of Fortune 500 companies, offering solutions that help businesses optimize shipping operations. The platform meets rigorous security standards including SOC2, ISO 27001, FedRAMP, and StateRAMP certifications.
Notable features include a rule-based automation engine for customized shipping priorities and ShipAccel, a platform specifically designed for eCommerce businesses that integrates with major online marketplaces. The company plans to enhance its international shipping capabilities and analytics-driven approach to provide future-ready shipping solutions.
Pitney Bowes (NYSE: PBI) has appointed Robert (Bob) Gold as its new Chief Financial Officer, effective March 10, 2025. Gold, who brings extensive experience as CFO at companies including AM General, Culligan International, and United Plastics Group, will succeed interim CFO John Witek.
The appointment follows an extensive search process focusing on candidates with expertise in business transformation, capital allocation, cost containment, and debt management. Gold most recently served as EVP & CFO at EyeCare Partners from May 2023 to May 2024, and previously held CFO positions at various companies including AM General and Culligan International.
CEO Lance Rosenzweig highlighted Gold's deep experience in capital allocation, cost management, and financial planning, expressing confidence in building on the company's momentum. Witek, who served during a period of significant progress and value creation, will retire after many years of service to the company.
Pitney Bowes (NYSE: PBI) reported its Q4 and full-year 2024 results, showing mixed performance. Full-year revenue declined 3% to $2.027 billion, with a GAAP net loss of $204 million. However, adjusted EBIT improved 25% to $385 million, and free cash flow reached $290 million.
The company announced significant shareholder returns, including a new $150 million share repurchase program and increased quarterly dividend to $0.06. The company is nearing completion of its Global Ecommerce exit, with revised exit costs of approximately $165 million.
For 2025, Pitney Bowes provided guidance of $1.95-2.0 billion in revenue and $450-480 million in adjusted EBIT. The company expects free cash flow between $330-370 million and adjusted EPS of $1.10-1.30.
Pitney Bowes (NYSE: PBI) has achieved US State Risk and Authorization Management Program (StateRAMP) authorization for its SendPro® 360 platform, a next-generation sending and receiving solution. This certification demonstrates the company's commitment to meeting comprehensive security standards for state agencies.
The SendPro 360 platform offers government agencies secure access to shipping solutions including PitneyShip®, PitneyTrack®, and ParcelPoint Smart Locker Management, with comprehensive analytics across the platform. The solution serves over 30 state governments and thousands of agencies, simplifying sending, receiving, and distribution operations through a single interface.
The StateRAMP authorization validates Pitney Bowes' ability to provide secure and reliable solutions for government agencies, enabling them to streamline operations while maintaining data security.
Pitney Bowes (NYSE: PBI) has been named the Official Shipping Technology Partner of the New York Islanders and UBS Arena. The partnership centers on PBI's ShipAccel solution, built on the Shipping 360 platform, providing the Islanders and UBS Arena with advanced shipping technology, carrier options, and pre-negotiated rates.
The partnership includes fan engagement initiatives such as the 3 Stars of the Game Sweepstakes, where fans can win signed pucks after home game wins, and Mystery Mondays weekly giveaways featuring tickets, memorabilia, and merchandise. These programs utilize ShipAccel for delivery to fans.
The collaboration aims to enhance shipping operations efficiency, reduce costs, and maintain seamless delivery processes while improving fan experiences through innovative shipping solutions.
Pitney Bowes (NYSE: PBI) announced the early paydown of approximately $97 million in senior secured notes ('2028 Notes') issued to Oaktree Capital Management in July 2023, using cash on hand. This repayment is part of the company's strategic initiative to deleverage its balance sheet and increase capital allocation flexibility.
The company expects to report full year 2024 results within its previously announced revenue guidance range and exceed Adjusted EBIT guidance, as outlined in Q3 2024 results. The better-than-expected performance is attributed to improved business operations and accelerated implementation of non-essential cost cuts originally planned for fiscal year 2025.
The company will release Q4 and full-year 2024 earnings results after market close on February 11, 2025, followed by an investor conference call.