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May 3, 2011

CBIZ sees slight growth in first-quarter

US firm CBIZ has reported growth in its first-quarter results
with revenue of $209.9million for the quarter ended 31 March.

Revenue increased by $3million, from $209.4million in the first
quarter of 2010.
CBIZ said that revenue from newly acquired operations, net of
divestitures, contributed $3 million or 1.4% to revenue growth in
the first quarter, compared with the same period a year ago.

Same-unit revenue declined by 1.2%, or $2.5 million in the first
quarter, the firm said.
In the latest International Accounting Bulletin US survey
CBIZ/MayerHoffman McCann’s revenue was estimated at $582million for
year ended 31 December 2010.

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