Pitney Bowes Net Income Grows in Second Quarter

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Second-quarter earnings at Pitney Bowes Inc., Stamford, CT, increased 14 percent from the previous year, the mailing solutions provider said yesterday.

Net income totaled $134.7 million in the quarter ended June 30. Revenue grew 6 percent to $1.21 billion.

In another development, Pitney Bowes announced last week the completion of its acquisition of Group 1 Software Inc. The net cost was about $321 million.

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