secwatch.observer — SEC 8-K summary
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Issuer:     PITNEY BOWES INC /DE/ (PBI)
CIK:        0000078814
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001157523-23-000123
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pitney Bowes Q4 revenue $909M; adj. EPS $0.06; FY23 guidance flat to mid-single digit growth
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- GAAP EPS from cont. ops $0.04, adjusted EPS $0.06; full-year adj. EPS $0.15 vs $0.32 in 2021.
- Q4 revenue $909M (-8% reported, flat comparable); free cash flow $108M; cash $681M.
- Global Ecommerce processed 54M domestic parcels, revenue flat comparable; unit gross margins improved.
- Presort Services Q4 revenue $158M (+1%), EBIT margins up 360bps YoY.
- FY23 guidance: flat to mid-single digit % revenue growth; EBIT growth to outpace revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78814/000115752323000123/0001157523-23-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78814/000115752323000123/a53293633.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer