News: Pitney Bowes celebrates a 20-year partnership with Reading Is Fundamental Reading Is Fundamental with 20 literacy events in 20 cities. Learn more: spr.ly/6010b3vkA

JUST IN: Pitney Bowes annual U.S. Parcel Shipping Index reveals significant shifts in the carrier competitive landscape and consumer behaviors in 2023. Read the full announcement: spr.ly/6017bGUmv

In celebration of Women's History Month, Shemin Nurmohamed, EVP and President, Sending Technology Solutions, writes about her experience as a female leader in a predominantly male industry and her advice for other aspiring women leaders. spr.ly/6019kf1SS

News: Pitney Bowes announces the launch of a series of new tracking and returns capabilities and the expansion of its regional delivery services to the Midwest region. These new services and more will be showcased at @Shoptalk this week. spr.ly/6015kWrDU

To listen to the recording of $PBI Q4/FullYear 2023 results conference call visit (spr.ly/6015pmjcx) #earnings

Thank you for joining us today. A link to the recording of today's Q4/Full Year 2023 #earnings call will be available shortly. Stay tuned for details. $PBI

2024 guidance (3/3): The Company expects: Similar levels of capital expenditures in 2024 as in 2023 and interest expense to remain around the elevated rate incurred in Q4 2023. $PBI #earnings

2024 guidance (2/3): The Company expects: Incremental benefit in 2024 from our company-wide cost reduction program as savings from actions taken in 2023 annualize and we further execute on the plan. $PBI #earnings

2024 guidance (1/3):The Company expects: Revenue growth to range from flat to a low-single digit decline and EBIT margins to remain relatively flat on a year-over-year basis . $PBI #earnings

Global Ecommerce Unit transportation costs declined 17%: Better peak planning, route optimization, higher utilization, and lower fuel prices helped drive improvement. $PBI #earnings

Global Ecommerce Domestic parcel volumes grew 13% Y/Y. $PBI #earnings

Global Ecommerce revenue for the quarter was $381MM, decline of 7% on a reported and comparable basis Y/Y. $PBI #earnings

Presort Services Adjusted segment EBIT up 17% Y/Y, result of higher revenue per piece, continued focus on operational excellence. $PBI #earnings

Presort Services revenue was $163MM; 3% increase Y/Y. $PBI #earnings

Finance Receivables grew $25 million. $PBI #earnings

SendTech Segment EBIT in the quarter was $113 million, a 7% improvement. EBIT margin improved 370 basis points. #earnings

SendTech revenue for the quarter was $327MM; down 4% on a reported basis and down 5% on a comparable basis Y/Y. $PBI #earnings

Cash and short-term investments were $623MM. $PBI #earnings

Q4 GAAP cash from operations was $94 million and free cash flow was $78 million. $PBI #earnings

Q4 revenue was $872MM, down 4% on reported and comparable basis. GAAP EPS was a loss of $1.27 and Adjusted EPS was $0.07. $PBI #earnings