USPS financial results: Total revenue rose 1.6 percent in fiscal 2015

The Postal Service’s total revenue for fiscal 2015 (Oct. 1, 2014-Sept. 30, 2015) was $68.9 billion, up 1.6 percent from one year earlier. The net loss was $5.1 billion, due to certain statutorily mandated payments over which the Postal Service has no control. Controllable income was $1.2 billion. Controllable income is defined as net loss…

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