U.S. Postal Service Reports First Quarter Fiscal 2019 Results

  • Revenue of $19.7 billion, up 2.9 percent over the same quarter last year
  • Net loss of $1.5 billion
  • Return to financial stability requires legislative and regulatory changes, along with aggressive management actions

WASHINGTON — The U.S. Postal Service reported total revenue of $19.7 billion for the first quarter of fiscal 2019 (October 1, 2018 – December 31, 2018), an increase of $553 million, or 2.9 percent, compared to the same quarter last year. Continue reading