INDEPENDENCE, Ohio (AP) — INDEPENDENCE, Ohio (AP) — CBIZ Inc. (CBZ) on Thursday reported a loss of $12.7 million in its fourth quarter.

On a per-share basis, the Independence, Ohio-based company said it had a loss of 26 cents.

The provider of outsourced business services posted revenue of $327.5 million in the period.

For the year, the company reported profit of $121 million, or $2.39 per share. Revenue was reported as $1.59 billion.

CBIZ expects full-year earnings in the range of $2.70 to $2.75 per share.

CBIZ shares have risen slightly more than 3% since the beginning of the year. The stock has climbed 37% in the last 12 months.

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