Insperity, Inc - NSP STOCK NEWS

Insperity reports Q3 results with a 4% increase in average number of WSEEs paid and an 8% increase in revenues. Net income and diluted EPS were up 18% to $44.3 million and $1.16, respectively. Adjusted EBITDA and adjusted EPS increased by 18% and 19%, respectively. YTD average number of paid WSEEs and revenues were up 7% and 10%. Net income and diluted EPS for the year-to-date period were up 8% to $151.8 million and $3.94, respectively. Adjusted EBITDA and adjusted EPS increased by 9% to $297.6 million and $4.76, respectively. The company also repurchased 1,259,000 shares at a cost of $131.4 million and paid out $63.0 million in cash dividends.

Insperity, Inc. to release third quarter earnings on October 31, 2023

Insperity, Inc. declares quarterly cash dividend of $0.57 per share.

Insperity, Inc. (NYSE: NSP) reported Q2 results with a 7% increase in average number of WSEEs paid and 11% increase in revenues. Net income and diluted EPS were down 62% to $12.9 million and $0.33, respectively. Adjusted EBITDA and EPS were also down. YTD average number of paid WSEEs and revenues were up 9% and 11%, respectively. Net income and diluted EPS were up 4% to $107.5 million and $2.78, respectively. Adjusted EBITDA and EPS were up 5% to $203.3 million and $3.30, respectively. The company also increased share repurchase authorization by 2 million shares.

Insperity, Inc. (NYSE: NSP) will release its second quarter earnings on August 1, 2023. A teleconference will be held to discuss the quarter and business trends. The call will be webcast live and a replay will be available.

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.