Pitney-Bowes Q1 Income Rises

(RTTNews) - Pitney-Bowes (PBI) announced a profit for its first quarter that Increases, from the same period last year

The company's earnings totaled $58.13 million, or $0.39 per share. This compares with $35.42 million, or $0.19 per share, last year.

Excluding items, Pitney-Bowes reported adjusted earnings of $68.94 million or $0.47 per share for the period.

The company's revenue for the period fell 3.2% to $477.41 million from $493.42 million last year.

Pitney-Bowes earnings at a glance (GAAP) :

-Earnings: $58.13 Mln. vs. $35.42 Mln. last year. -EPS: $0.39 vs. $0.19 last year. -Revenue: $477.41 Mln vs. $493.42 Mln last year.

-Guidance: Full year EPS guidance: $ 1.50 To $ 1.65 Full year revenue guidance: $ 1.800 B To $ 1.860 B