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INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported first-quarter net income of $73.2 million.
On a per-share basis, the Independence, Ohio-based company said it had profit of $1.44. Earnings, adjusted for one-time gains and costs, came to $1.46 per share.
The provider of outsourced business services posted revenue of $454.6 million in the period.
CBIZ expects full-year earnings in the range of $2.36 to $2.41 per share.
CBIZ shares have increased 9% since the beginning of the year. The stock has increased 22% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CBZ">Zacks stock report on CBZ at https://www.zacks.com/ap/CBZ