CBIZ, Inc. (CBZ) Tops Q3 EPS by 6c

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CBIZ Reports Third-Quarter And Nine-Month 2020 Results

October 29, 2020 6:30 AM EDT

CLEVELAND, Oct. 29, 2020 /PRNewswire/ --

THIRD-QUARTER HIGHLIGHTS:

TOTAL REVENUE -0.6% SAME-UNIT REVENUE -2.0% EPS FROM CONTINUING OPERATIONS +12.5% ADJUSTED EBITDA +8.3%

NINE-MONTH HIGHLIGHTS:

TOTAL REVENUE +1.0% SAME-UNIT REVENUE -0.8% EPS FROM CONTINUING OPERATIONS +9.3% ADJUSTED EBITDA +7.6%

CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced third-quarter and nine-month results for the period ended September 30, 2020.

For the 2020 third quarter, CBIZ recorded revenue of $238.4 million, a decrease of $1.4 million, or 0.6%, over the $239.8 million reported in 2019. Newly acquired operations, net of... More