SHELTON , Conn. (AP) — SHELTON, Conn. (AP) — Pitney Bowes Inc. (PBI) on Wednesday reported net income of $49.9 million in its second quarter.
On a per-share basis, the Shelton, Connecticut-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 43 cents per share.
The mailing equipment and software company posted revenue of $451.5 million in the period.
Pitney Bowes expects full-year earnings in the range of $1.55 to $1.70 per share, with revenue in the range of $1.8 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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