---
schema_version: "secwatch.filing_event.v1"
accession: "0000078814-24-000064"
form_type: "8-K"
ticker: "PBI"
cik: "0000078814"
company_name: "PITNEY BOWES INC /DE/"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:07:03.145660+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pitney Bowes Q3 adjusted EPS $0.21 vs $0.16 prior; raises FY adj. EBIT guidance to $355-360M

## Summary
- Revenue $499M (-1% YoY); GAAP EPS loss $0.75 includes $1.42 loss from discontinued ops.
- Adjusted EBIT $103M (+22% YoY); free cash flow $75M, up $19M YoY.
- Presort volumes up 3%; segment EBIT +59% to $46M. SendTech shipping revenue +8%.
- Cost initiatives cut $90M annualized; raising savings target to $150-170M.
- GEC wind-down on track; targeting ~$150M one-time exit costs with $136M annual earnings improvement.

## SEC filing metadata
- accession: 0000078814-24-000064
- form_type: 8-K
- ticker: PBI
- cik: 0000078814
- company_name: PITNEY BOWES INC /DE/
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78814/000007881424000064/0000078814-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78814/000007881424000064/pbi-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000078814-24-000064
- JSON: https://secwatch.observer/filing/0000078814-24-000064.json
- Plain text: https://secwatch.observer/filing/0000078814-24-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
