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Pitney Bowes Inc. said Thursday that its quarterly profit jumped 33 percent despite a revenue decline.
Pitney Bowes Inc. said Thursday that its quarterly profit jumped 33 percent despite a revenue decline. Significantly lower expenses helped the mailing-equipment maker offset the sales shortfall, but the numbers were below Wall Street's forecasts. The company... Pitney Bowes - Wall Street - Business - Revenue - Printing
Pitney Bowes Inc. said Thursday that its quarterly profit jumped 33 percent despite a revenue decline. Significantly lower expenses helped the mailing-equipment maker offset the sales shortfall, but the numbers were below Wall Street's forecasts.
Feb. 5 (Bloomberg) -- Pitney Bowes, the world?s largest maker of postal meters, climbed the most in a year after posting fourth-quarter profit that topped analysts? estimates.
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