secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001628280-24-017907
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBIZ Q1 revenue $494.3M (+8.7%), GAAP EPS $1.53 (+6.3%), reaffirms FY24 guidance
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- Revenue $494.3M, up 8.7% YoY; same-unit revenue grew 5.9%.
- GAAP net income $76.9M ($1.53 diluted EPS); adjusted EPS $1.54, up 5.5%.
- Adjusted EBITDA $118.8M, up 4.8% from $113.3M in Q1 2023.
- Completed acquisitions of CompuData and EBK in Q1; integration expenses excluded from adjusted measures.
- Reaffirms FY24 guidance: GAAP EPS $2.70-$2.75, revenue growth 7-9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000162828024017907/0001628280-24-017907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000162828024017907/cbz-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-017907

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