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, 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.
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