USPS reports year-end financial results: Net loss totaled $9.5 Billion
The Postal Service has reported its financial results for fiscal year 2024 (Oct. 1, 2023-Sept. 30, 2024).
The Postal Service has reported its financial results for fiscal year 2024 (Oct. 1, 2023-Sept. 30, 2024).
August 7, 2020 The coronavirus pandemic continues to have an unpredictable effect on the Postal Service, the organization’s latest financial report shows. The results, released Aug. 7, show USPS reported total revenue of $17.6 billion for fiscal year 2020’s third quarter (April 1-June 30), up 3.2 percent compared with the same period one year earlier….
Chief Financial Officer Joe Corbett reviews the Postal Service’s latest financial results in a “Dollars and Change” video released this week. During fiscal year 2020’s first quarter (Oct. 1-Dec. 31, 2019), USPS recorded total revenue of $19.4 billion and total operating expenses of $20.1 billion, leaving the organization with a net loss of $748 million….