INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported first-quarter net income of $76.9 million.
On a per-share basis, the Independence, Ohio-based company said it had net income of $1.53. Earnings, adjusted for one-time gains and costs, came to $1.54 per share.
The provider of outsourced business services posted revenue of $494.3 million in the period.
CBIZ expects full-year earnings in the range of $2.70 to $2.75 per share.
CBIZ shares have climbed 25% since the beginning of the year. The stock has increased 51% in the last 12 months.
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