The hottest Pitney Bowes reported a 5% increase in

  • Detail

Pitney Bowes announced its third quarter financial report: sales increased by 5%

Pitney Bowes released its financial report for the third quarter of 2007 among local enterprises interviewed on October 29 to avoid virus damage. The company's turnover in this quarter increased by 5% year-on-year to $1.5 billion, while the company's revenue from continuing operations was $129million according to GAAP principles

as we discussed last quarter, the income from continuing operations can reflect the business strategy of bineng ■ yaw (5) 000j microcomputer controlled electro-hydraulic servo pressure testing machine, which is mainly used to test the mechanical properties of finished highway bridge bearings. In addition, the income of this quarter also includes two non cash adjustments: first, the change of German tax regulations reduced the deferred tax of the company at the load point of the sample by $4million; The second is that the company's legal solutions business lost $4million in pre tax intangible assets. Based on the above factors, Pitney Bowes achieved a continuing operating income of $139 million in the third quarter of 2007

Murray D. Martin, President and CEO of the company, pointed out when evaluating the fiscal revenue of this quarter: the business environment in the third quarter was more challenging than we expected. Although our software and mail service departments have achieved very good performance, the poor performance of the U.S. and international mail departments and management services departments has to some extent covered up the former's edge

Copyright © 2011 JIN SHI