USPSĀ records third-quarter net loss of $1.5 billion

The Postal Service has reported its financial results for fiscal 2018ā€™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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PMGĀ and CFO to Host Media Call onĀ 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:Ā 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 2018ā€™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 organizationā€™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 ā€œBusiness Focusā€ video. Employees are delivering strong service and improving customersā€™ experiences, the PMG reports. ā€œI would like to thank those of you on the front lines for your dedication to…

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USPSĀ 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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USPS reports second-quarter financial results

The Postal Service has reported its financial results for fiscal 2017ā€™s second quarter (Jan. 1-March 31, 2017). Here are some highlights: ā€¢ Controllable income. USPS posted controllable income of $12 million for the second quarter, below the $576 million it posted during the same quarter last year. Controllable income describes net income (or loss) that…

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USPS: PMGĀ and CFO Host Web Call on FY 2016 First Quarter Financial Results

WASHINGTON, DC, Feb. 2, 2016 (GLOBE NEWSWIRE) — What: Telephone/Web conference on U.S. Postal Service Fiscal Year 2016 First Quarter Results Who: Postmaster General and CEO Megan J. Brennan; CFO and Executive Vice President Joseph Corbett When: Tuesday, Feb. 9, 2016 at 10:00 a.m. ET Background: Postmaster General & CEO Megan Brennan and Chief Financial…

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