CBIZ, Inc. (NYSE:CBZ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET

Company Participants

Lori Novickis - Director of Corporate Relations
Jerry Grisko - President & Chief Executive Officer
Ware Grove - Chief Financial Officer

Conference Call Participants

Chris Moore - CJS Securities
Andrew Nicholas - William Blair
Marc Riddick - Sidoti

Operator

Good day and welcome to the CBIZ First Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded.

I would 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 first quarter 2024 results conference call. In connection with this call, today's press release and 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 Investor Relations website. An archive replay and transcript will also be made 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 see this 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 Grisko. Jerry?

Jerry Grisko

Thank you, Lori, and good morning everyone. We are pleased to report that we're off to a strong start to the year. For the first quarter, total revenue was up 8.7% with growth coming from every major service line across our two business divisions. Our performance for the quarter came in as expected. And reflects continued strong demand for our services and the optimism and resilience of the clients that we serve.