Pitney Bowes Announces Full Year and Fourth Quarter 2015 Financial Results

Software Solutions

Revenue declined due to lower licensing revenues in the Americas and Europe. The Company has allocated additional resources to expand its channel reach and focus on several high-potential industries and solutions. EBIT margin declined as a result of the lower amount of licensing revenue, which has a high margin.

Global Ecommerce

Results included a full quarter of revenue from Borderfree and growth in UK marketplace revenue. A number of new retail clients and expanded payment options also added to revenue in the quarter. However, outbound package shipments from the U.S. continued to be pressured by the strong U.S. dollar. This was especially true with regard to the Canadian and Australian dollars, which both declined in value by 15 percent versus the U.S. currency in comparison to the prior year. These markets represent two of the top three markets for volume shipped from the U.S.

EBIT margin declined versus the prior year due to the amortization of acquisition-related intangible assets, which offset the early stages of synergy savings.

 

Other

($ millions)         Fourth Quarter

2015

   

2014

   

Y/Y

Reported

   

Y/Y

Ex Currency

Revenue $0 $31 NM NM

EBIT

$0 $5 NM
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article

Air bus

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
GIS Cloud Workshop In Syracuse, New York at Syracuse NY - Aug 22, 2017
ENVI Analytics Symposium 2017 at The Brown Palace Hotel & Spa Denver Colorado - Aug 22 - 24, 2017
GeoSmart Asia 2017 at Putrajaya International Convention Centre (PICC) Putrajaya Malaysia - Aug 22 - 24, 2017
Canon
Teledyne Optech
University of Denver GIS Masters Degree Online
InterGeo 2017
InterDrone2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy