Insperity Earnings Reports

Insperity reported a net loss of $9 million for Q4 2024, with revenue increasing by 2% to $1.6 billion. Adjusted EPS came in at $0.05, while gross profit declined by 2% to $218 million. The company saw a 2% decline in worksite employees paid, offset by a 4% increase in revenue per employee. Operating expenses surged by 17%, including costs related to the Workday partnership.

Insperity reported a 1% increase in revenue to $1.6 billion, driven by a 3% increase in revenue per WSEE, offset by a 2% decrease in paid WSEEs. Net income was $3 million, with diluted EPS at $0.07, while adjusted EPS was $0.39. The average number of WSEEs paid decreased by 2% year-over-year to 309,088.

Insperity reported a 1% increase in revenue to $1.6 billion and a 16% increase in gross profit to $260 million for Q2 2024. Adjusted EPS increased by 34% to $0.86, and adjusted EBITDA increased by 29% to $66 million. The average number of worksite employees paid per month decreased by 1% year-over-year.

Insperity reported a 2% increase in revenue to $1.8 billion and net income of $79 million, with diluted EPS of $2.08. The company experienced a 1% decrease in average worksite employees paid, but gross profit increased by 4% due to strong pricing and lower benefits costs. The company also repurchased 233,000 shares for $23 million and paid $21 million in dividends.

Insperity reported a 6.1% increase in revenues to $1.6 billion and a 2.5% increase in average worksite employees (WSEEs) paid, totaling 315,072. Net income was $19.6 million, with diluted EPS at $0.52. The company also highlighted a new strategic partnership with Workday.

Insperity reported strong Q3 2023 results, with revenues up 7.8% to $1.6 billion and a 4.0% increase in average worksite employees (WSEEs) paid. Net income rose by 18% to $44.3 million, and adjusted EPS increased by 18.7% to $1.46. The company also updated its 2023 guidance, projecting continued growth.

Insperity reported a decrease in net income and adjusted EBITDA for Q2 2023, primarily due to substantially higher-than-expected benefits costs. However, the average number of WSEEs paid and revenues increased, reflecting strong execution in sales, pricing, client service, and retention.

Insperity's Q1 2023 results showed strong growth in revenue, gross profit, and adjusted EPS. The average number of worksite employees paid increased, and client attrition remained near historical lows.

Insperity announced record fourth-quarter and full-year 2022 results, with revenue increasing by 15.4% to $1.5 billion and net income reaching $38.2 million. The average number of worksite employees (WSEEs) paid per month increased by 14.3% to 307,506. The company also provided guidance for 2023, projecting continued growth in average WSEEs paid and adjusted EPS.

Insperity reported a strong third quarter with a 19% increase in revenues and a 38% increase in adjusted EPS. The average number of worksite employees paid per month increased by 17.8%. The company is focused on achieving a strong start to 2023.

Insperity reported a strong second quarter with a 20.8% increase in revenues to $1.4 billion and a 19.4% increase in average worksite employees paid. Adjusted EPS increased by 27.5% to $1.16, and adjusted EBITDA increased by 24.6% to $75.0 million.

Insperity reported excellent first-quarter results, marked by a 22.6% increase in revenues to $1.6 billion and a 19.5% increase in average worksite employees (WSEEs) paid. Adjusted EPS increased by 9% to $1.99, and adjusted EBITDA rose by 14% to $118.6 million.

Insperity's Q4 2021 revenues increased by 22% to $1.3 billion, driven by a 12% increase in paid WSEEs. However, net income and diluted EPS were $9.7 million and $0.25, respectively, due to approximately $27 million in higher benefits costs related to the pandemic. The company ended the year with a solid balance sheet and projects continued strong cash flow in 2022.

Insperity reported a 20% increase in revenues to $1.2 billion and an 11% increase in average worksite employees (WSEEs) paid. Net income was $27.3 million, with diluted EPS at $0.70. Adjusted EBITDA reached $60.1 million, and adjusted EPS was $0.89.

Insperity reported a 19% increase in revenue to $1.2 billion and a 7% increase in average worksite employees (WSEEs) to 243,270 for Q2 2021. Net income was $25.2 million, or $0.65 per diluted share, while adjusted EPS was $0.91. The company is focused on investing in growth and capitalizing on market opportunities.

Insperity reported a 5% increase in revenue to $1.3 billion for Q1 2021. Net income was $61.9 million, with diluted EPS at $1.59. Adjusted EPS increased by 7% to $1.82. The average number of worksite employees paid per month was 233,170.

Insperity's Q4 2020 shows a net income of $4.3 million and an adjusted EPS of $0.49. The average number of worksite employees paid per month increased sequentially, but revenues saw a slight year-over-year decline due to the FICA deferral program.

Insperity's Q3 2020 results showed a decrease in revenue by 3% to $1.0 billion, but an increase in gross profit by 8% to $185.0 million. Net income was $20 million, with diluted EPS at $0.51. Adjusted EPS increased by 21% to $0.91, and adjusted EBITDA increased by 13% to $57.6 million.

Insperity reported strong Q2 2020 results with net income and diluted EPS up 82% and 93%, respectively. Adjusted EPS increased by 86% and adjusted EBITDA by 62%. Revenue decreased by 5% due to a decline in paid worksite employees and payroll tax deferrals and credits.

Insperity reported a 7% increase in revenue to $1.23 billion, driven by a 5.5% increase in average worksite employees. However, net income decreased by 19% to $62 million, and diluted EPS decreased by 15% to $1.58. Adjusted EPS was $1.70, a 14% decrease, and adjusted EBITDA remained consistent at $101.3 million.

Insperity's Q4 2019 results showed revenue growth of 11% year-over-year, driven by a 10% increase in worksite employees. However, net income and adjusted EBITDA decreased by 17% and 14%, respectively, compared to the fourth quarter of 2018. The company continues to address challenges related to healthcare claim costs.