secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001628280-23-035235
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000162828023035235/0001628280-23-035235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000162828023035235/cbz-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-035235

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