CBZ Q2 2023 Earnings — CBIZ, Inc. Revenue & Financial Results | Market Cap Arena

CBZCBIZ, Inc.

$1B

Q2 2023 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$399M+10.1% YoY

Gross Profit

$55M13.7% margin

Operating Income

$39M9.7% margin

Net Income

$27M6.7% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-12.3%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$66M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.3B

Stockholders' Equity

$776M

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$399M	$362M	+10.1%
Gross Profit	$55M	$72M	-24.5%
Operating Income	$39M	$61M	-36.8%
Net Income	$27M	$31M	-14.1%

Revenue Segments

Financial Services

$291M73%

Benefits And Insurance Services

$96M24%

National Practices

$12M3%