---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-025860"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T02:03:05.119518+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CBIZ Q2 revenue up 10.1% but EPS down 11.7%; raises full-year revenue guidance to 10-12%

## Summary
- Q2 revenue $398.5M (+10.1% YoY); same-unit revenue +4.1%; GAAP EPS $0.53 (down 11.7%).
- Adjusted EPS $0.55 (down 12.7%); Adjusted EBITDA $54.4M (down 2.3%).
- First-half revenue $853.1M (+13.2%); GAAP EPS $1.98 (+16.5%); Adjusted EPS $2.01 (+11.0%).
- Raised FY 2023 revenue growth guidance to 10-12% (from 8-10%); maintained EPS guidance.
- Completed 3 strategic acquisitions and 2 tuck-ins in H1; share repurchases of ~1.0M shares.

## SEC filing metadata
- accession: 0001628280-23-025860
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000162828023025860/0001628280-23-025860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000162828023025860/cbz-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-025860
- JSON: https://secwatch.observer/filing/0001628280-23-025860.json
- Plain text: https://secwatch.observer/filing/0001628280-23-025860.txt

## Key facts
- Earnings Releases
  CBIZ, Inc. reported Second quarter ended June 30, 2023; six months ended June 30, 2023 results: revenue $398.5 million for Q2 2023; $853.1 million for first half 2023, net income $26.9 million for Q2 2023; $100.0 million for first half 2023, EPS $0.53 per diluted share for Q2 2023; $1.98 per diluted share for first half 2023. Guidance raised.
  - Period: Second quarter ended June 30, 2023; six months ended June 30, 2023
  - Revenue: $398.5 million for Q2 2023; $853.1 million for first half 2023
  - Net income: $26.9 million for Q2 2023; $100.0 million for first half 2023
  - EPS: $0.53 per diluted share for Q2 2023; $1.98 per diluted share for first half 2023
  - Guidance: raised
  - Result: reported results
  source text: CBIZ REPORTS SECOND-QUARTER AND FIRST-HALF 2023 RESULTS AND RAISES FULL-YEAR 2023 REVENUE GUIDANCE
  evidence_url: https://www.sec.gov/Archives/edgar/data/944148/000162828023025860/0001628280-23-025860-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.