CBIZ Inc ( (CBZ) ) has released its Q1 earnings. Here is a breakdown of the information CBIZ Inc presented to its investors.
CBIZ, Inc. is a national professional services advisor offering expertise in accounting, tax, advisory, benefits, insurance, and technology to middle-market businesses across the United States. The company is known for its actionable insights that help clients accelerate growth.
In its first-quarter 2025 earnings report, CBIZ, Inc. announced impressive financial results, showcasing significant growth in revenue and net income. The company also highlighted the successful integration of Marcum, which is proceeding as planned, contributing to strong employee and client retention.
Key financial metrics for the first quarter of 2025 include a 69.5% increase in total revenue, reaching $838 million, and a 59.7% rise in net income to $122.8 million. Adjusted EBITDA doubled to $237.6 million, reflecting a robust operational performance. The company also reported an adjusted net income increase of 79.7% and a 40.5% rise in adjusted diluted EPS.
Looking ahead, CBIZ anticipates full-year 2025 revenue to range between $2.8 billion and $2.95 billion, despite uncertainties in the economic and geopolitical environment. The company remains committed to maintaining strong financial performance and operational efficiency.
CBIZ’s management remains optimistic about its future prospects, focusing on strategic growth and operational excellence to navigate the challenges posed by the current market conditions.