USPS ended fiscal year 2024 with slight revenue growth but significantly worsened financial performance.
Revenue rose 1.5% to $79.5 billion, while net loss deepened by 47% to $9.52 billion (2023: $6.48 billion), driven by rising staff costs and industry challenges. Margins deteriorated further, with net profit margin falling to -12%, down from -8% the prior year.
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