PBI: Net income surged 66% as SendTech margins improved, but revenue declined amid mail volume and cost pressures
Q2 2026 net income rose 66% year-over-year to $49.9M, while revenue declined 2% to $451.5M. SendTech Solutions saw improved margins and EBIT, but Presort Services faced revenue and margin pressure from lower mail volumes and higher transportation costs. Full-year 2026 revenue is expected to decline…