Pitney Bowes is a global technology company that specializes in providing innovative solutions for shipping, mailing, and e-commerce. The company offers a range of services and products, including mailing systems, customer information management, and logistics solutions, aimed at helping businesses improve their operational efficiency and enhance customer engagement. With a focus on digital transformation, Pitney Bowes leverages data analytics and advanced technology to streamline processes for businesses of all sizes, enabling them to navigate the complexities of modern commerce and deliver exceptional service. Read More
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has redeemed all of its $347 million in aggregate principal amount 6.875% Senior Notes due March 2027 (the “2027 Notes”). In addition, Pitney Bowes announced the upsizing of its existing Term Loan A credit facility by $150 million to a total outstanding balance of $302 million. The proceeds from the upsizing of the Term Loan A credit facility were used along with existing cash and liquidity to fund the redemption of the 2027 Notes on June 24, 2026.
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What a time it’s been for Pitney Bowes. In the past six months alone, the company’s stock price has increased by a massive 61.2%, reaching $17.12 per share. ...
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Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced the opening of a new 75,000-square-foot Presort Services operating center serving the Phoenix, AZ market. The new highly automated facility is located at 14995 S. 50th Street, Suite 120, Phoenix, AZ 85044. It expands on the Company’s longstanding presence in the region, which dates to 1996, and represents a significant investment in capacity, speed, and operational excellence.
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Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has amended its Revolving Credit Facility (“RCF”) and Term Loan A and extended their maturities to May 2031. The size of the $450 million RCF and $152 million Term Loan A remain unchanged.
Pitney Bowes’ first quarter was met with a negative market reaction as the company reported a 3.2% decline in sales compared to the prior year, though revenu...
Hestia Capital Management, LLC (collectively with its affiliates, “Hestia”) today announced that it will distribute approximately 1.5 million shares of common stock of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”) to limited partners. This includes a distribution of approximately 1.1 million shares of Pitney Bowes to Kurt Wolf, who is the Chief Executive Officer and a sizable individual shareholder of the Company.
What Happened? Shares of shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) fell 6.4% in the afternoon session after the company cut its full-ye...
Shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) met Wall Street’s revenue expectations in Q1 CY2026, but sales fell by 3.2% year on year to $...
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today disclosed its financial results for the first quarter of 2026. In conjunction with this announcement, CEO Kurt Wolf has released a letter to shareholders to provide his commentary on the quarter and updates on strategic initiatives. To read and/or download a copy of this quarter’s CEO letter, please click here.
Shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) will be reporting earnings this Tuesday after market hours. Here’s what to look for. Pitney B...
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Pitney Bowes (NYSE: PBI), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced it has achieved Provisional Authorization for Impact Level 4 (IL4) for its SendPro® 360 platform solutions. This milestone enables U.S. Department of Defense (DoD) agencies and authorized defense contractors to leverage SendPro 360 to manage shipping and mailing operations in alignment with stringent DoD cloud security requirements.
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What Happened? Shares of shipping and mailing solutions provider Pitney Bowes (NYSE:PBI) jumped 4.9% in the afternoon session after an analyst at Citizens ra...
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced preliminary, unaudited financial results for the first quarter of fiscal year 2026. In addition, Pitney Bowes announced it is raising its full-year financial guidance.
