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Mar 31, 2023
Insperity Q1 2023 Earnings Report
Insperity reported strong Q1 results, with revenue and average WSEEs paid up 12% and 10%, respectively.
Key Takeaways
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.
Q1 average number of WSEEs paid and revenues up 10% and 12%, respectively
Q1 gross profit up 16%
Q1 net income and diluted EPS of $94.6 million and $2.45, respectively
Q1 adjusted EPS up 34% to $2.67
Insperity
Insperity
Forward Guidance
The company provided updated guidance for Q2 2023 and full year 2023.