Financial Performance - Revenue decreased by 6% year-over-year to $462 million[9] - GAAP EPS improved by $0.30 year-over-year to $0.17[9] - Adjusted EPS improved by $0.16 year-over-year to $0.27[9] - Adjusted EBIT increased by $28 million, or 37%, year-over-year to $102 million[9] - Free Cash Flow was $106 million, excluding $8 million of restructuring payments[9] Segment Results - SendTech Solutions revenue decreased by 8% to $312 million, while Adjusted Segment EBIT increased by 5% to $101 million[13] - Presort Services revenue increased by 2% to $150 million, and Adjusted Segment EBIT increased by 33% to $36 million[19] Guidance - The company updated its full-year revenue guidance to a range of $1.90 billion to $1.95 billion[22] - The company raised its Adjusted EPS guidance to a range of $1.20 to $1.40[22]

Pitney Bowes First Quarter Earnings This document contains "forward-looking statements" about the Company's expected or potential future business and financial performance, including, but not limited to, statements about future revenue and earnings guidance, future events or conditions, capital allocation strategy and expected cost savings, elimination of future losses, and anticipated deleveraging in connection with Pitney Bowes' announced strategic initiatives. Forward-looking statements are not guarantee ...