Welcome to our dedicated page for Insperity news (Ticker: NSP), a resource for investors and traders seeking the latest updates and insights on Insperity stock.
Insperity, Inc. (NSP) is a leading provider of human resources and business solutions, trusted by America's top businesses for over 27 years. Headquartered in Houston, Texas, Insperity offers a broad array of services aimed at improving business performance. Its core offerings include human capital management, payroll services, time and attendance, performance management, organizational planning, recruiting services, employment screening, financial services, expense management, retirement services, and insurance services.
The company was founded in April 1986 and operates from multiple locations across the United States, with 57 offices serving over 100,000 businesses and more than 2 million employees. Its workforce optimization™ and synchronization solutions provide comprehensive support in areas such as payroll and employment administration, employee benefits and compensation, and government compliance. These services help businesses enhance productivity, reduce liabilities, and offer better benefits.
In 2014, Insperity reported revenues of $2.4 billion and employed around 2,200 corporate employees. The company continues to innovate and expand its service offerings to meet the evolving needs of small and midsize enterprises. By focusing on these businesses, Insperity generates all of its revenue domestically within the United States.
Recent projects and achievements highlight Insperity's commitment to helping businesses navigate complex human resources landscapes. The company's advisors provide customized solutions to address specific challenges, ensuring improved business outcomes.
For more detailed information and the latest updates about Insperity, explore the current developments, news, and performance metrics on our site.
Insperity (NYSE: NSP) reported Q3 2024 results with net income of $3 million and diluted EPS of $0.07. The company saw a 2% year-over-year decrease in average worksite employees (WSEEs) to 309,088, while revenues increased 1% to $1.6 billion. Gross profit decreased 11% to $229 million, impacted by higher benefits costs. Year-to-date performance showed revenues up 1% to $5.0 billion despite a 1% decrease in WSEEs. The company returned $119 million to shareholders through share repurchases and dividends. For full-year 2024, Insperity expects WSEEs to decrease 1.3-1.5% and projects adjusted EPS of $3.42-$3.66.
Insperity has been named to Inc.'s 2024 Power Partner Awards list, marking its third consecutive recognition. The prestigious list acknowledges 359 leading B2B companies across various sectors including human resources, marketing, health and wellness, financial services, and legal services that excel in supporting entrepreneurs and startups.
Companies were selected based on their proven track record of helping leadership navigate the startup world, with assessment criteria including product quality, service delivery, and customer testimonials. Inc.'s evaluation process involved thorough vetting by editors, researchers, and reporters to ensure alignment between sales promises and actual client experiences.
DigitalChalk has announced the completion and general availability of its integration with Insperity Premier™ platform, Insperity's (NYSE: NSP) human capital management platform. The integration enables direct connection of employee data from Insperity Premier to DigitalChalk's learning management system (LMS), benefiting over 100,000 employees at small and midsize companies nationwide. The integration aims to accelerate employee onboarding, streamline training plan assignments, and reduce risks associated with manual HR processes. As HRIS updates occur, employees can access timely training related to onboarding, promotions, and job location changes.
Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions, has announced its upcoming third quarter earnings release and conference call. The earnings will be released before the opening of the New York Stock Exchange on Thursday, October 31, 2024. A teleconference hosted by Insperity's management will follow at 8:30 a.m. ET to discuss the quarter's results and business trends.
Interested parties can access the call at 877-545-0320 using conference i.d. number 557065. The call will also be webcast live on the company's investor relations website. A replay will be available for one week after the call, and the webcast will be archived for one year. The conference call script and updated company guidance for the fourth quarter and full year 2024 will be posted on Insperity's Investor Relations website.
Insperity (NYSE: NSP) announced that CFO Douglas S. Sharp will retire on November 15, 2024, after 21 years in the role. James D. Allison, currently executive VP of comprehensive benefit solutions and chief profitability officer, will succeed Sharp as CFO. Allison, who joined Insperity in 1997, has extensive experience in finance and operations within the company. CEO Paul J. Sarvadi expressed confidence in Allison's leadership for the future of the business.
Additionally, Sean P. Duffy will be promoted to senior VP of finance and accounting, overseeing various financial functions. These changes reflect Insperity's succession planning and aim to consolidate gross profit operations and finance departments under a single executive officer.
Insperity (NYSE: NSP), a leading provider of HR and business performance solutions, has announced a quarterly cash dividend of $0.60 per share. The dividend will be paid on September 19, 2024 to stockholders of record as of September 5, 2024. This announcement demonstrates Insperity's commitment to returning value to shareholders and reflects the company's financial stability. The regular dividend payment suggests confidence in the company's cash flow and future prospects.
Insperity (NYSE: NSP) reported Q2 2024 results with a 1% decrease in average worksite employees (WSEEs) paid per month to 306,958. Despite this, the company saw a 16% increase in gross profit to $260 million, driven by strong pricing and lower benefits costs. Q2 net income was $18 million, with diluted EPS of $0.48. Adjusted EPS rose 34% to $0.86, and adjusted EBITDA increased 29% to $66 million.
For the first half of 2024, Insperity returned $81 million to shareholders through share repurchases and dividends. The company updated its 2024 guidance, projecting a year-over-year decrease in average WSEEs paid between 0.5% and 1.5%, and adjusted EPS between $3.33 and $3.88.
Insperity (NYSE: NSP), a leading provider of HR and business performance solutions, has announced its upcoming second quarter earnings release and conference call. The earnings will be released before the NYSE opening on Thursday, August 1, 2024. A teleconference hosted by management will follow at 8:30 a.m. ET to discuss quarterly results and business trends.
Investors and interested parties can access the call at 888-506-0062 (conference ID: 470125) or via webcast at http://ir.insperity.com. A replay will be available for one week at 877-481-4010 (conference ID: 50892), and the webcast will be archived for a year. The company will also post the conference call script and updated guidance for Q3 and full-year 2024 on its Investor Relations website.
Insperity (NYSE: NSP), a leading provider of HR and business performance solutions for small and medium-sized businesses in America, has appointed Phil Wilmington as a new independent director on its board. Wilmington, who previously served as Vice Chairman of Workday, brings extensive experience in the HR services and software sector. He will serve as a Class I director on the Compensation Committee, with his term expiring in 2026. Chairman and CEO Paul J. Sarvadi emphasized Wilmington's potential to contribute to Insperity’s strategic growth and innovation.
Insperity (NSP) has announced an increase in its quarterly cash dividend from $0.57 to $0.60 per share.
This decision was approved by the company's board of directors, and the dividend will be paid on June 21, 2024, to all shareholders of record as of June 7, 2024.
Insperity is recognized for providing HR and business performance solutions to leading American businesses.
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