Earnings Call Summary | Pitney Bowes(PBI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Pitney Bowes(PBI.US) Q1 2024 Earnings Conference
The following is a summary of the Pitney Bowes Inc. (PBI) Q1 2024 Earnings Call Transcript:
以下是皮特尼·鮑斯公司(PBI)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Pitney Bowes recorded a Q1 2024 revenue of $831 million, a slight decrease of 1%, with EBIT improving by $23 million to $56 million.
The quarterly EPS was flat with a loss of $0.01 per share.
Free cash flow had an improvement of $43 million but was a use of $17 million.
Owing to their ongoing restructuring program, the company expects cost savings to exceed the initial target of $75-$85 million.
Pitney Bowes的2024年第一季度收入爲8.31億美元,略有下降1%,息稅前利潤增長了2300萬美元,至5600萬美元。
季度每股收益持平,每股虧損0.01美元。
自由現金流改善了4,300萬美元,但使用了1700萬美元。
由於他們正在進行的重組計劃,該公司預計節省的成本將超過7500萬至8500萬美元的初始目標。
Business Progress:
業務進展:
The company saw growth in its SendTech segment and Presort Services with the latter achieving record revenue, while EBIT growth also expanded.
A restructuring process is ongoing, focusing on cost-cutting and investing in high-margin growth areas.
Along with processing 60 million parcels, the SaaS revenue within the SendTech segment recorded a growth of 40%.
The company managed to cut more than 1,000 positions as part of their restructuring scheme and plan to continue their strategic and financial transformation.
該公司的SendTech板塊和Presort服務實現了增長,後者實現了創紀錄的收入,而息稅前利潤的增長也有所擴大。
重組過程正在進行中,重點是削減成本和投資高利潤增長領域。
除了處理6000萬個包裹外,SendTech板塊的SaaS收入還增長了40%。
作爲重組計劃的一部分,該公司設法裁減了1,000多個職位,並計劃繼續進行戰略和財務轉型。
More details: Pitney Bowes IR
更多詳情: Pitney Bowes IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。