Pitney Bowes Expects SendTech's Revenue To Flatten Out By The Start Of FY26

Pitney Bowes Inc. -0.81%

Pitney Bowes Inc.

PBI

11.03

-0.81%

The Company has identified long-term opportunities for enterprise-wide revenue growth due to SendTech's expansion in the ecommerce shipping category and Presort's ability to increase roll-up acquisitions.

Through focusing on paying off and refinancing high-cost debt, the Company expects to reduce interest payments and free up capital for other value-enhancing initiatives.

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