Insperity Inc Stock Price, News & Analysis

Insperity, Inc. (NYSE: NSP) reported strong financial results for Q1 2023, with revenues increasing 12.2% to $1.8 billion and net income reaching $94.6 million, translating to a diluted EPS of $2.45. The average number of worksite employees (WSEEs) paid rose by 10.1% year-over-year, contributing to a gross profit increase of 16.2% to $332.1 million. Adjusted EPS and EBITDA saw significant growth of 34.2% and 28.5%, respectively, reflecting the company’s resilience amid economic challenges. Insperity returned $55 million to shareholders through share repurchases and dividends. Updated guidance indicates average WSEEs for Q2 2023 to be between 310,800 and 313,700, with adjusted EPS expected between $1.16 and $1.32. The company continues to invest in its growth strategies amid inflationary pressures.

Insperity, Inc. (NYSE: NSP) announced that it will release its first quarter earnings on April 26, 2023, before the opening of the New York Stock Exchange. Management will hold a teleconference at 8:30 a.m. ET to discuss financial results and business trends. Investors can access the call at 888-506-0062 or via a live webcast on their investor relations website. A replay will be available for one week following the call. Insperity reported $5.9 billion in revenues for 2022 and provides comprehensive HR solutions across the U.S. Established in 1986, Insperity serves businesses aiming for sustained growth by alleviating administrative burdens and reducing liabilities.

Insperity, Inc. (NYSE: NSP) announced a quarterly cash dividend of $0.52 per share, payable on March 24, 2023, for stockholders of record as of March 10, 2023. This dividend declaration reflects Insperity's ongoing commitment to returning value to its shareholders.

In 2022, Insperity reported revenues of $5.9 billion and operates over 90 locations across the U.S., delivering comprehensive HR solutions that support business growth.

Insperity, a leading provider of HR solutions, reported robust financial results for Q4 2022 and the full year ending Dec. 31, 2022. In Q4, revenues surged by 15.4% to $1.5 billion, with net income rising to $38.2 million, translating to a diluted EPS of $0.99. For the entire year, net income increased by 45% to $179.4 million, with an adjusted EPS of $5.59, a 41.5% rise. The average number of paid worksite employees rose 14.3% in Q4 and 17.7% over the year, indicating strong client retention at 99%. Despite economic uncertainties, the company anticipates continued growth in 2023, with projected adjusted EPS of $5.24 to $6.30.

Insperity, a leading provider of human resources and business performance solutions, will announce its fourth quarter earnings on February 9, 2023, before the NYSE opening. A teleconference will be held at 9 a.m. ET to discuss the financial results and business trends. Interested parties can access the call at 888-506-0062 or via webcast at ir.insperity.com. Insperity, which reported revenues of $5 billion in 2021, aims to deliver comprehensive HR solutions fostering business growth across the U.S.