

Second quarter 2021 Customized Postage revenue was $0, down 100% compared to the second quarter of 2020, as the USPS terminated its customized postage program effective June 16, 2020. Second quarter 2021 Mailing and Shipping revenue (which includes service, product and insurance revenue but excludes Customized Postage) was $191.1 million, down 3% compared to the second quarter of 2020.

Second quarter 2021 total revenue was $191.1 million, down 8% compared to the second quarter of 2020. Non-GAAP adjusted income per fully diluted share was $1.95, down 37% compared to $3.11 in the second quarter of 2020. Non-GAAP adjusted EBITDA was $54.8 million, down 32% compared to $81.0 million in the second quarter of 2020. GAAP net loss per share was $1.41, down 151% compared to GAAP net income per fully diluted share of $2.73 in the second quarter of 2020. GAAP net loss was $25.8 million, down 150% compared to GAAP net income of $51.7 million in the second quarter of 2020. Total revenue was $191.1 million, down 8% compared to $206.7 million in the second quarter of 2020. Reports Second Quarter 2021 ResultsĮL SEGUNDO, Calif.-( BUSINESS WIRE )® (Nasdaq: STMP), a leading provider of e-commerce shipping solutions, today announced results for the quarter ended June 30, 2021.
