USPS Reports Second Quarter Fiscal 2019 Results

The Postal Service has reported its financial results for fiscal 2019’s second quarter (Jan. 1- March 31). Here are some highlights: • Revenue. Total revenue was $17.5 billion, essentially flat from the same period one year earlier. First-Class Mail revenue declined 3.3 percent, while Marketing Mail revenue declined 3.9 percent. Shipping and packages revenue increased…

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USPS: Financial results reviewed in video

In his latest “Dollars and Change” video, Chief Financial Officer Joe Corbett reviews the Postal Service’s financial results for fiscal 2019’s first quarter (Oct. 1-Dec. 31, 2018). “The major trends in our business continue,” he says. USPS recorded $19.7 billion in total revenue, but operating expenses were $21.2 billion, leaving the organization with a net…

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USPS: Year-end results reported

The Postal Service has reported its financial results for fiscal 2018 (Oct. 1, 2017-Sept. 30, 2018). Here are some highlights: • Revenue. Total revenue was $70.6 billion, up 1.5 percent compared to the previous fiscal year. The higher revenues were driven largely by continued growth in shipping and packages, where revenue reached $21.5 billion, a…

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USPS records third-quarter net loss of $1.5 billion

The Postal Service has reported its financial results for fiscal 2018’s third quarter (April 1-June 30). Here are some highlights: Revenue. Total revenue was $17.1 billion, up 2.4 percent compared to the same period one year earlier. First-Class Mail revenue declined 2.2 percent compared to a year ago, while Marketing Mail revenue increased 1.6 percent….

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PMG and CFO to Host Media Call on USPS FY18 Q2 Financial Results

USPS Press Release – May 1, 2018 Postmaster General & CEO Megan Brennan and Chief Financial Officer Joseph Corbett will host a media conference call on May 11, 2018 to discuss the FY2018 Quarter 2 financial results that will be released earlier in the day. How to Participate: Important Notice: To ensure your computer is set…

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USPS: First-quarter financial results reported

The Postal Service has reported its financial results for fiscal 2018’s first quarter (Oct. 1-Dec. 31, 2017). Here are some highlights: Revenues. Total revenue was $19.2 billion, essentially unchanged from the same quarter a year earlier. First-Class Mail and Marketing Mail revenues decreased, due mostly to lower volumes. Revenue from the organization’s shipping and packages…

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PMG discusses service, finances and more

November 28, 2017 PMG Megan J. Brennan discusses service and financial results, the holiday mailing and shipping season, and other topics in her latest “Business Focus” video. Employees are delivering strong service and improving customers’ experiences, the PMG reports. “I would like to thank those of you on the front lines for your dedication to…

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USPS Third Quarter Financial Call on August 10

Washington, DC, Aug. 03, 2017 (GLOBE NEWSWIRE) What: Media Call on U.S. Postal Service FY 2017 Quarter 3 Financial Results Who: Postmaster General and CEO Megan J. Brennan, FO and Executive Vice President Joseph Corbett When: Thursday, August 10, 2017 – 10:00 a.m. ET Background: Postmaster General & CEO Megan Brennan and Chief Financial Officer…

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