Pitney-Bowes Q3 Profit Rises to $52.7 Million Despite Revenue Dip, Guides Full-Year EPS of $1.58-$1.67

Pitney-Bowes (PBI) reported third-quarter net income of $52.666 million, or $0.37 per share, up from $51.963 million, or $0.30 per share, a year earlier. Adjusted earnings came in at $59.568 million, or $0.42 per share. Revenue for the period fell 0.8% to $456.182 million from $459.675 million last year. The company guided full-year EPS to $1.58 to $1.67 and full-year revenue to $1.830 billion to $1.860 billion.