{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000721","form_type":"8-K","ticker":"PBI","cik":"0000078814","company_name":"PITNEY BOWES INC /DE/","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.226323+00:00","generated_at":"2026-06-15T23:41:05.168005+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pitney Bowes Q1 revenue $835M (-10% YoY), GAAP EPS loss $0.04, net loss $8M","bullets":["GAAP EPS loss $0.04 vs EPS $0.12 in Q1 2022; Adjusted EPS loss $0.01 vs $0.08.","Revenue $835M, down 10% reported and 4% comparable basis; net loss $8M.","Cash from ops used $40M; Free Cash Flow used $61M; cash & investments $527M.","Restructuring plan targeting $75M annual expense savings by year-end 2024.","Global Ecommerce domestic parcels up 22% to 50M; Presort margins up ~500 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000721","json":"https://secwatch.observer/filing/0001157523-23-000721.json","markdown":"https://secwatch.observer/filing/0001157523-23-000721.md","text":"https://secwatch.observer/filing/0001157523-23-000721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/78814/000115752323000721/0001157523-23-000721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/78814/000115752323000721/a53393339.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:41:05.168005+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"90fea10830224f07a1e13da797d14fe6c561502d","claim":"PITNEY BOWES INC /DE/ reported first quarter 2023 results: revenue $835 million, net income Net loss of $8 million, EPS GAAP EPS was a loss of $0.04.","evidence_excerpt":"Revenue in the quarter was $835 million, a decrease of 10 percent on a reported basis and 4 percent on a comparable basis versus prior year (1) GAAP EPS was a loss of $0.04 and Adjusted EPS was a loss of $0.01 in the quarter versus GAAP EPS of $0.12 and Adjusted EPS of $0.08 in first quarter of 2022 Net loss of $8 million in the quarter compares to net income of $21 million in first quarter 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/78814/000115752323000721/0001157523-23-000721-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$835 million"},{"label":"Net income","value":"Net loss of $8 million"},{"label":"EPS","value":"GAAP EPS was a loss of $0.04"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}