STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Pitney Bowes Inc. (PBI) on Thursday reported a loss of $223.8 million in its fourth quarter.

On a per-share basis, the Stamford, Connecticut-based company said it had a loss of $1.27. Earnings, adjusted for asset impairment costs, came to 7 cents per share.

The mailing equipment and software company posted revenue of $871.6 million in the period.

For the year, the company reported a loss of $385.6 million, or $2.20 per share. Revenue was reported as $3.27 billion.

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