CBIZ Earnings Reports

CBIZ reported Q4 2024 revenue of $460.3 million, driven by a 40.5% increase compared to Q4 2023. The increase was primarily attributed to the Marcum acquisition. The company reported a net loss of $90.7 million, with adjusted net loss of $10.1 million and adjusted diluted EPS of -$0.20.

CBIZ reported a 6.9% increase in total revenue to $438.9 million for the third quarter of 2024, with same-unit revenue up 5.1%. Net income increased by 4.2% to $35.1 million, and GAAP EPS rose by 4.5% to $0.70. Adjusted EPS increased by 27.3% to $0.84, and Adjusted EBITDA grew by 23.0% to $75.7 million.

CBIZ's second-quarter revenue increased by 5.4% to $420.0 million, while net income decreased by 26.3% to $19.8 million. The company experienced headwinds from the departure of a small group of producers and client delays in investment decisions. CBIZ also announced an agreement to acquire Marcum LLP for approximately $2.3 billion, expected to close in the fourth quarter.

CBIZ reported a strong start to 2024, with total revenue up 8.7% and same-unit revenue up 5.9%. GAAP EPS increased by 6.3%, and adjusted EPS rose by 5.5%. The company affirmed its full-year guidance for revenue, GAAP EPS, and Adjusted EPS.

CBIZ's fourth-quarter revenue increased by 11.0% to $327.5 million, with same-unit revenue up by 6.8%. The company reported a net loss of $12.7 million, and an adjusted loss per share of $0.26.

CBIZ reported a revenue increase of 13.0% and a GAAP EPS increase of 26.4% for the third quarter of 2023. The company reaffirmed its revenue and EPS guidance for the full year.

CBIZ reported a 10.1% increase in total revenue for the second quarter of 2023, reaching $398.5 million. However, net income decreased by 14.1% to $26.9 million, and adjusted EPS decreased by 12.7% to $0.55. The company raised its full-year revenue guidance while reaffirming its EPS guidance.

CBIZ reported a strong first quarter in 2023, with total revenue up 16.1% and same-unit revenue up 10.0%. GAAP EPS increased by 30.9%, and net income rose by 25.9%. The acquisition of Somerset contributed to the strong results, and the company expects full-year results to be at the high end of its guidance.

CBIZ, Inc. announced fourth-quarter and full-year results for the period ended December 31, 2022, with revenue reaching $295.0 million, a 21.5% increase compared to the same period in 2021. Same-unit revenue increased by 10.1%. Loss from continuing operations was $11.5 million, and adjusted loss from continuing operations was $0.21 per diluted share.

CBIZ, Inc. announced strong third-quarter results with a 28.5% increase in total revenue and a 29.3% increase in GAAP EPS. The company also raised its full-year 2022 guidance for revenue and adjusted EPS growth.

CBIZ reported a strong second quarter with a 29.9% increase in total revenue and a 275.0% increase in GAAP EPS. The company's growth was driven by both organic growth and strategic acquisitions.

CBIZ reported a strong first quarter in 2022, with revenue up 30.3% and same-unit revenue up 9.6%. GAAP EPS increased by 19.6%, and adjusted EPS rose by 28.3%. The company reaffirmed its guidance at the high end of the range provided in February.

CBIZ reported a 15.0% increase in revenue for the fourth quarter of 2021, driven by both acquisitions and same-unit revenue growth. However, the company experienced a loss from continuing operations of $9.6 million compared to a loss of $0.1 million in the same period last year.

CBIZ reported a strong third quarter with an 18.6% increase in total revenue and a 13.9% increase in earnings per share. The company's performance was driven by both acquired operations and same-unit revenue growth. Due to strong demand and completed acquisitions, CBIZ raised its full-year 2021 guidance.

CBIZ reported a 17.6% increase in revenue for the second quarter of 2021, driven by both acquisitions and same-unit revenue growth. The company's adjusted EPS increased by 28.2%. Due to strong performance, CBIZ raised its full-year revenue growth guidance to 10% to 12%.

CBIZ reported a 3.9% increase in total revenue for the fourth quarter of 2020, driven by acquisitions and same-unit revenue growth. The company's loss from continuing operations improved, and Adjusted EBITDA increased significantly compared to the same period in 2019.

CBIZ reported a slight decrease in total revenue but an increase in EPS and adjusted EBITDA for the third quarter of 2020. The company's resilience and value to clients contributed to improved profitability, with growth in income from continuing operations and earnings per share.

CBIZ reported a slight increase in total revenue for the second quarter of 2020, alongside significant growth in income from continuing operations and adjusted EBITDA, demonstrating resilience and effective cost management in a challenging economic climate.

CBIZ reported a revenue increase of 2.8% to $277.5 million for the first quarter of 2020. EPS was $0.66, slightly lower than the prior year's $0.67. The company withdrew its 2020 guidance due to the uncertainty caused by the COVID-19 pandemic.

CBIZ's fourth quarter revenue increased by 2.1% to $203.1 million compared to the same period last year. However, the company experienced a loss from continuing operations of $1.1 million, and Adjusted EBITDA decreased to $2.7 million.