Pitney Bowes Announces Second Quarter 2014 Results

The Production Mail revenue comparison this quarter reflected the impact of several large inserting and production print equipment installations in the second quarter of the prior year. However, recurring revenue continued to benefit from an increase in supplies revenue related to growth in the production printer installed base. EBIT margin was impacted by the lower revenue and the related margin contribution.

Presort Services

  2Q 2014   Y-O-Y Change   Change ex Currency
Revenue $111 million 4 % 4 %
EBIT   $ 22 million   5 %    
 

Presort Services revenue benefited from ongoing improved qualification of mail for presort discounts. EBIT margin improved versus the prior year due to lower facility costs and improved operational productivity.

Digital Commerce Solutions

             
  2Q 2014   Y-O-Y Change   Change ex Currency
Revenue $211 million 27 % 26 %
EBIT   $ 18 million   17 %    
 

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  • Great job! January 28, 2021
    Reviewed by 'mabel goodrich'
    Pitney Bowes has been popular all over the world. There are many debates about their business strategy. This it support analyst will help the people with solved any issues related to IT.

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