CBIZ, Inc. (NYSE:CBZ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET

Company Participants

Lori Novickis - Director, Corporate Relations

Jerome Grisko - President and Chief Executive Officer

Ware Grove - Senior Vice President and Chief Financial Officer

Conference Call Participants

Christopher Moore - CJS Securities

Andrew Nicholas - William Blair

Marc Riddick - Sidoti

Operator

Good day, and welcome to the CBIZ Second Quarter 2022 Results Call. All participants will be in a listen-only mode. [Operator Instructions] Please note that this event is being recorded.

I'd now like to turn the conference over to Lori Novickis, Director of Corporate Relations. Please go ahead.

Lori Novickis

Good morning, everyone, and thank you for joining us for the CBIZ second quarter and first half 2022 results conference call. In connection with this call, today's press release and quarterly investor presentation have been posted to the Investor Relations page of our website, cbiz.com. As a reminder, this call is being webcast and a link to the live webcast can be found on our site. In addition, an archived replay and transcript will also be available after the call.

Before we begin, we would like to remind you that during the call, management may discuss certain non-GAAP financial measures. Reconciliations of these measures can be found in the financial tables of today's press release and investor presentation.

Today's call may also include forward-looking statements regarding our business, financial condition, results of operations, cash flows, strategies and prospects. Forward-looking statements represent only estimates on the date of this call and are not intended to give any assurance of future results. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties. Many factors could cause future results to differ materially, and CBIZ assumes no obligation to update these statements. A more detailed description of such factors can be found in our filings with the Securities and Exchange Commission.

Joining us for today's call are Jerry Grisko, President and Chief Executive Officer, and Ware Grove, Chief Financial Officer.

I will now turn the call over to Jerry for his opening remarks. Jerry?

Jerome Grisko

Thank you, Lori and good morning, everyone, and thank you for joining us for today's call. We're pleased to share our second quarter results and to discuss our outlook for the remainder of the year.

As I discussed on our last call, we had strong momentum coming into this year based on our exceptional performance in 2021. And this momentum has continued through the first half of the year. I'm especially pleased to report that in the second quarter, we continue to experience strong organic revenue growth across all major service lines. Our results for the second quarter were aided by our recent acquisitions, including our acquisition of Marks Paneth, which we completed at the beginning of the year.