Pitney Bowes Q2 adj EPS $0.27 vs $0.11; appoints Paul Evans CFO; raises buyback to $400M

PITNEY BOWES INC /DE/

2025-Q2 EPS reported $0.36 revenue$955,329,000

Q2 revenue $462M (-6% YoY); GAAP EPS $0.17 (vs -$0.14); adjusted EPS $0.27 (vs $0.11); Adj EBIT $102M (+37%).
Paul Evans appointed EVP, CFO & Treasurer effective July 29, replacing Robert Gold; Peter Brimm joins board.
Share repurchase authorization increased from $150M to $400M; YTD buybacks $130M (~7% of shares); dividend raised to $0.08/share.
Full-year guidance: revenue lowered to $1.90B-$1.95B; Adj EPS raised to $1.20-$1.40; Adj EBIT top-end reduced to $465M.
CEO letter confirms strategic review ongoing; internal improvements identified; plans to engage external advisors later.

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