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Sep 30, 2024
Insperity Q3 2024 Earnings Report
Insperity's Q3 2024 financial performance reflected a mix of revenue growth and profitability challenges.
Key Takeaways
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.
Q3 average number of WSEEs paid decreased 2% year-over-year.
Q3 net income was $3 million; diluted EPS was $0.07.
Q3 adjusted EPS was $0.39; adjusted EBITDA was $39 million.
Revenues in Q3 2024 increased 1% to $1.6 billion.
Insperity
Insperity
Forward Guidance
Insperity provided its updated guidance for 2024, including the fourth quarter of 2024.