CLEVELAND (AP) _ CBIZ Inc. (CBZ) on Thursday reported second-quarter profit of $8.6 million.

On a per-share basis, the Cleveland-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs, were 50 cents per share.

The provider of outsourced business services posted revenue of $278.6 million in the period.

CBIZ expects full-year earnings in the range of $1.59 to $1.63 per share.

CBIZ shares have increased 17% since the beginning of the year. The stock has risen 39% in the last 12 months.

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