STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Pitney Bowes Inc. (PBI) on Wednesday reported net income of $35.4 million in its first quarter.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs, were 33 cents per share.
The mailing equipment and software company posted revenue of $493.4 million in the period.
Pitney Bowes expects full-year earnings in the range of $1.10 to $1.30 per share, with revenue in the range of $1.95 billion to $2 billion.
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