Pitney Bowes Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total revenue was $1,049,117,000 against $887,069,000 a year ago. Income before income taxes was $57,622,000 against loss before income taxes of $40,125,000 a year ago. Income from continuing operations was $89,948,000 against loss from continuing operations of $78,329,000 a year ago. Net income was $89,948,000 against net loss of $84,343,000 a year ago. Per share was $0.48 against loss per share of $0.45 a year ago. Adjusted EBIT was $137,728,000 against $187,049,000 a year ago. Adjusted EPS was $0.40 against $0.53 a year ago.

For the full year, the company reported total revenue was $3,549,948,000 against $3,406,575,000 a year ago. Income before income taxes was $282,989,000 against $246,370,000 a year ago. Income from continuing operations was $261,340,000 against $114,551,000 a year ago. Net income was $261,340,000 against $92,805,000 a year ago. Per share was $1.39 against $0.49 a year ago. Adjusted EBIT was $513,517,000 against $631,090,000 a year ago. Adjusted EPS was $1.41 against $1.68 a year ago.

The company expects for the full year 2018: Revenue, on a constant currency basis, to be in the range of 9% to 13% growth, when compared to 2017. Adjusted EPS is expected to be in the range of $1.40 to $1.55. Free cash flow is expected to be in the range of $350 million to $400 million. As a result of the Tax Legislation, the company expects its annual tax rate on adjusted earnings to be in the range of 23% to 27%, or relatively flat to 2017.