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Can Improving Bookings Support a SendTech Recovery at Pitney Bowes?

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Pitney Bowes is seeing improving trends in its SendTech segment, raising hopes that stronger bookings could support a broader recovery. The business has been pressured for several years as traditional mail-related activity continues to decline, so the update is constructive but still early-stage and not definitive.

Analysis

Pitney Bowes is seeing improving trends in its SendTech segment, raising hopes that stronger bookings could support a broader recovery. The business has been pressured for several years as traditional mail-related activity continues to decline, so the update is constructive but still early-stage and not definitive.

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