The El Segundo company, which makes software that enables customers to print postage for U.S. mail, had set its earnings forecast for the year in February, when it reported fourth-quarter results and said it had ended the USPS partnership. Although it said then that it expected the discontinuation to result in some “short-term pain,” the latest outlook suggested that pain might be more severe than anticipated.

Source: Los Angeles Times May 09, 2019 18:45 UTC