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Pitney Bowes Reports Second Quarter Financial Results
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Over the past month Pitney Bowes Inc. (NYSE:PBI) surged 128.98%. The company recently reported its second quarter financial results. The revenue for the reported quarter came in at $837 million. This represents an increase of 6% (as reported), as well as 7% (adjusted with currency impact), in comparison with previous year.
The GAAP EPS loss for Q2-20 came in at $0.02, while the adjusted EPS was reported at $0.04. The company reported that its liquidity position is strong. It ended the quarter with short-term investments and cash worth more than $1 billion.
Lightinthebox Appoints New Leaders For Growth Strategy
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Lightinthebox Holding (NYSE:LITB) stock also went north in the past month and its stock is up 87.50%. The company recently announced new leadership appointments. Ms. Wenyu Liu is appointed as Chief Growth Officer, while Ms. Yuanjun Ye took over as Chief Financial Officer.
Ms. Wenyu Liu shall be leading sustainable initiatives for the company. She will be supposed to improve the growth strategy of company. The company, at present, is looking to capitalize on the new opportunities. In her new role, Ms. Liu will lead the company towards further growth and strategic shift.
Jumia To Report Second Quarter Financial Results This Week
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Jumia Technologies (NYSE:JMIA) too gained 117.01% over the last one month. The company is scheduled to announce its quarterly results for the period ending June 30, 2020 on August 12, 2020. The results shall be announced before the markets open. The company will host conference call on same date at 8:30 a.m. US Eastern Time.
This company is known to be the leading e-commerce platform across Africa. It has its presence in 11 countries in African continent. The platform of Jumia connects buyers and sellers. The platform includes marketplace which also enables package delivery and shipment.
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COMTEX_369030176/2700/2020-08-07T08:58:18
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