secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001628280-23-003969
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBIZ reports record FY2022 revenue of $1,412M (+27.8%); GAAP EPS $2.01 (+52.3%)
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- Q4 revenue $295.0M (+21.5%); same-unit revenue +10.1%.
- FY2022 adjusted EPS $2.13 (+28.3%); adjusted EBITDA $190.1M (+28.1%).
- Acquisitions added $155M annualized revenue in 2022; Somerset deal ($55M) closed Feb 2023.
- 2023 outlook: revenue +8-10%; GAAP EPS $2.31-$2.36; adjusted EPS $2.36-$2.41.
- Repurchased 2.8M shares in FY2022; credit facility leverage ~1.5x adjusted EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/0001628280-23-003969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000162828023003969/cbz-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003969

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