CBIZ reports nine-month results and a proposed Grant Thornton transaction
FROM THE WIRE · FINANCE.YAHOO.COM
CBIZ, Inc Third-Quarter Financial Highlights: Total revenue of $702M, up 1.2%; Financial Services revenue up 1.2% Net income of $47M, up 56.7%; GAAP EPS of $0.79, up 64.6% Adjusted EBITDA of $132M, up 6.3%; Adjusted diluted EPS of $1.21, up 14.2% Nine Months Ended September 30…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRevenue grew slightly and adjusted EPS rose, while a corporate transaction is still pending.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter revenue was $702 million, up 1.2%.
- 02Adjusted diluted EPS was $1.21, up 14.2%.
- 03The release announces a proposed transaction with Grant Thornton and New Mountain.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
CBIZ, Inc.54.78 USDMarket closedtoday +0.09%Neutral New Mountain Finance Corporation6.74 USDMarket closedtoday -2.25%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets