secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001628280-21-014992
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBIZ Q2 rev up 17.6%, adj EPS up 28.2%; raises FY revenue guidance to 10-12% growth
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- Revenue $278.6M (+17.6% YoY); same-unit revenue +10.5%. Adjusted EPS $0.50 (+28.2%).
- GAAP EPS $0.16 (down 59%) from $30.5M UPMC settlement charge and $6.4M divestiture gain.
- FY2021 revenue guidance raised to 10-12% growth (from 8-10%); adj. EPS growth 12-15% over $1.42.
- Completed four acquisitions YTD including Optumas, expected to contribute ~$42M annualized revenue.
- Repurchased 2.0M shares in H1; credit facility balance $163.3M with $233.4M unused.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000162828021014992/0001628280-21-014992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000162828021014992/cbz-20210729.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-014992

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer