secwatch.observer — SEC 8-K summary
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Issuer:     INSPERITY, INC. (NSP)
CIK:        0001000753
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001000753-21-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insperity Q3 net income $27.3M ($0.70 EPS); WSEE up 11%, revenue up 20% to $1.2B
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- Average paid worksite employees 257,560, up 11% YoY; client retention at 99%.
- Adjusted EBITDA $60.1M (+4% YoY); adjusted EPS $0.89 (-2% YoY).
- Gross profit $198.5M (+7.3% YoY) on higher WSEE, pricing, and favorable workers' comp.
- Operating expenses increased only 2% YoY; cash operating expenses up 9%.
- 2021 guidance updated; adjusted cash $228M; $130M available under credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000753/000100075321000042/0001000753-21-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000753/000100075321000042/nsp-20211101.htm
  HTML page:      https://secwatch.observer/filing/0001000753-21-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer