CBIZ, Inc. (CBZ) Tops Q2 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook

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CBIZ Reports Second-Quarter And First-Half 2018 Results

August 2, 2018 6:30 AM EDT

CLEVELAND, Aug. 2, 2018 /PRNewswire/ --

SECOND-QUARTER HIGHLIGHTS:

TOTAL REVENUE +10.2% SAME-UNIT REVENUE +5.9% EPS FROM CONTINUING OPERATIONS OF $0.23,+15.0%

FIRST-HALF HIGHLIGHTS:

TOTAL REVENUE +10.2% SAME-UNIT REVENUE +5.8% EPS FROM CONTINUING OPERATIONS OF $0.87, +31.8%

CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced second-quarter and first-half results for the period ended June 30, 2018.

For the 2018 second quarter, CBIZ reported revenue of $232.6 million, an increase of $21.6 million, or 10.2%, over the $211.0 million reported in 2017. Same-unit revenue increased by $12.4 million, or 5.9%, for the quarter,... More