PBI - Pitney Bowes Jumps Over 24% After Earnings - What's Going On? | Benzinga
Pitney Bowes Inc. (NYSE:PBI) shares are skyrocketing on Thursday after reporting first-quarter results.
The company reported adjusted earnings per share of $(0.01) loss, which is narrower than the analyst consensus of $(0.04).
Quarterly revenues of $830.509 million beat the street view of $796.995 million.
Net income was a loss of $(3) million in the first quarter, an improvement of $5 million over the prior year despite higher interest and tax expenses.
Pitney Bowes ...