CBIZ Q2 2020 Earnings Report
Key Takeaways
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.
Total revenue increased by 0.6% compared to the same quarter in the previous year.
Same-unit revenue decreased by 1.4%.
Earnings per share (EPS) from continuing operations increased by 30.0%.
Adjusted EBITDA increased by 24.7%.
CBIZ
CBIZ
CBIZ Revenue by Segment
Forward Guidance
The company's focus will continue to be the health and safety of our team members, supporting our clients in a challenging economic climate, protecting the liquidity of our business and pursuing acquisitions and other opportunities to invest in the long-term growth of the business
Positive Outlook
- Health and safety of team members
- Supporting clients in a challenging economic climate
- Protecting the liquidity of our business
- Pursuing acquisitions
- Investing in the long-term growth of the business
Revenue & Expenses
Visualization of income flow from segment revenue to net income