USPS Reports Second Quarter Fiscal 2020 Results

Posted on May 8, 2020May 8, 2020 by 21cpw

Revenue of $17.8 billion, an increase of $348 million compared to same quarter last year COVID-19 volume and revenue impacts arose late in the quarter; significant financial impacts in the third quarter and beyond are anticipated We thank our employees and continue to prioritize their health and safety as they serve the nation The U.S….

USPS: Year-end financial results for FY 2017 reported

Posted on November 14, 2017November 14, 2017 by 21cpw

The Postal Service has reported its financial results for fiscal 2017 (Oct. 1, 2016-Sept. 30, 2017). Here are some highlights: Total revenue. The organization reported total revenue of $69.6 billion, a decrease of $1.8 billion compared to the prior year. The lower revenues were driven largely by accelerated declines in First-Class Mail and Marketing Mail…