05:33 PM EDT, 08/08/2024 (MT Newswires) -- Pitney Bowes ( PBI ) reported Q2 adjusted earnings late Thursday of $0.03 per share, swinging from a loss of $0.02, a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.07.

Revenue for the quarter ended June 30 was $793.2 million, up from $776.5 million a year earlier.

One analyst surveyed by Capital IQ expected $771.7 million.

The shipping and mailing company said it expects 2024 revenue growth to range from flat to a low-single-digit decline. One analyst expects $3.27 billion.

The company maintained a quarterly cash dividend of $0.05 a share, payable Sept. 6 to shareholders of record on Aug. 22.

Shares jumped more than 15% in after-hours trading.

Price: 6.55, Change: +0.87, Percent Change: +15.32