CBIZ, Inc. (CBZ) Tops Q4 EPS by 1c, Revenues Miss

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CBIZ Reports Fourth-Quarter and Twelve-Month 2018 Results

February 13, 2019 6:30 AM EST

CLEVELAND, Feb. 13, 2019 /PRNewswire/ --

FOURTH-QUARTER HIGHLIGHTS:

REVENUE +2.0% SAME-UNIT REVENUE +0.4%

FULL-YEAR HIGHLIGHTS:

REVENUE +7.8% SAME-UNIT REVENUE +4.7% EPS FROM CONTINUING OPERATIONS +18.5%

CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced fourth-quarter and full-year results for the period ended December 31, 2018.

For the 2018 fourth quarter, CBIZ reported revenue of $199.0 million, an increase of $3.9 million, or 2.0%, over the $195.1 million reported in 2017. Same-unit revenue increased by $0.8 million, or 0.4%, for the quarter, compared with the same period a year ago. Newly acquired operations... More