CBIZ Q3 2023 revenue $410.5M (+13%), GAAP EPS $0.67 (+26.4%), reaffirms FY guidance

CBIZ, Inc.

2023-Q3 EPS reported $2.64 revenue$1,263,647,000

Total revenue $410.5M (+13% YoY); same-unit revenue +8.3%. Net income $33.7M, GAAP diluted EPS $0.67 vs $0.53.
Adjusted EPS $0.66 (+29.4%); Adjusted EBITDA $61.6M (+34.2%).
Nine-month revenue $1,263.6M (+13.1%); net income $133.7M, GAAP EPS $2.64 vs $2.22.
Affirms FY2023 guidance: revenue growth 10-12%, GAAP EPS $2.31-$2.36, adjusted EPS $2.36-$2.41.
Repurchased ~1.2M shares YTD; $195M unused credit capacity; M&A pipeline active.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CBIZ, Inc. reported three and nine months ended September 30, 2023 results: revenue $410.5 million, net income $33.7 million, EPS $0.67 per diluted share. Guidance reaffirmed.

Period: three and nine months ended September 30, 2023
Revenue: $410.5 million
Net income: $33.7 million
EPS: $0.67 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

of financial, insurance and advisory services, today announced results for the third quarter ended September 30, 2023. For the 2023 third quarter, CBIZ recorded revenue of $410.5 million, an increase of $47.3 million, or 13.0%, compared with $363.3 million reported for the same period in 2022. Acquired operations, net of divestitures, contributed $17.1 million,

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CBIZ, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-035235

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