STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Pitney Bowes Inc. (PBI) on Tuesday reported profit of $27.3 million in its fourth quarter.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of 17 cents. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.
The mailing equipment and software company posted revenue of $477.6 million in the period.
For the year, the company reported profit of $144.7 million, or 84 cents per share. Revenue was reported as $1.89 billion.
Pitney Bowes expects full-year earnings in the range of $1.40 to $1.60 per share, with revenue in the range of $1.76 billion to $1.86 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBI at https://www.zacks.com/ap/PBI
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