Financial Performance - The company reported revenue of $899 million, a 7% increase compared to the prior year, or 6% on a constant currency basis[11] - GAAP and Adjusted EPS were $011, which includes a $003 tax benefit from a UK tax legislation change[11] - GAAP Cash from Operations was $79 million and Free Cash Flow was $87 million[11] Segment Results - Global Ecommerce revenue increased by 5% to $418 million, with EBITDA turning positive[18, 24] - Presort Services revenue grew by 14% to $135 million, with improved EBIT margins[18, 27] - SendTech Solutions revenue increased by 8% to $346 million, with EBIT dollars growing for the third consecutive quarter[18, 29] Future Expectations - The company expects annual revenue to grow in the low-to-mid single digit range[37] - Adjusted EPS is expected to grow over the prior year, with a range of $035 to $042, driven by Global Ecommerce[37] - Lower free cash flow is expected compared to the prior year due to certain non-recurring items[37]
Pitney Bowes(PBI) - 2021 Q2 - Earnings Call Presentation