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  "documentTitle": "Hestia Pitney Bowes Presentation April 2023",
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  "notes": "The slide uses stacked bar charts to show the percentage contribution of each segment to total Revenue, EBITDA, and CapEx. Red dashed boxes highlight the GEC CapEx spend and the negative EBITDA in the Presort segment.",
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      "text": "Cumulatively over the past four years (2019-2022), Pitney Bowes has spent $241 million, or 52% of its total CapEx, on the GEC business segment, which has resulted in negative EBITDA of $57 million over the same period.",
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