CBIZ, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 15, 2024 at 06:30 am EST
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CBIZ, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 327.55 million compared to USD 295.04 million a year ago. Net loss was USD 12.74 million compared to USD 11.5 million a year ago.
Diluted loss per share from continuing operations was USD 0.26 compared to USD 0.23 a year ago.
CBIZ, Inc. is a provider of financial, insurance and advisory services to businesses throughout the United States and parts of Canada. It provides a range of accounting, insurance brokerage, financial and advisory services. It delivers its services through three groups: Financial Services, Benefits and Insurance Services, and National Practices. Financial Services is comprised of core accounting services, including traditional accounting, tax compliance, advisory, and specialty services, like transaction and risk advisory services, litigation support, valuation, and federal and state government health care compliance and consulting. Benefits and Insurance Services provides brokerage and consulting for group health benefits and property and casualty insurance, in addition to retirement plan advisory and investment services. National Practices provides information technology and hardware services and healthcare consulting services. It also maintains a cyber risk management program.