earnings
confidence high
sentiment positive
materiality 0.85
Insperity Q1 net income $69.9M ($1.80 EPS); adjusted EPS $1.99, revenue up 22.6%
INSPERITY, INC.
2022-Q1 EPS reported
$1.80
revenue$1,577,837,000
- Q1 diluted EPS $1.80 (GAAP); adjusted EPS $1.99 (+9% YoY).
- Revenue $1.6B (+22.6% YoY); average paid WSEEs 278,660 (+19.5%).
- Q1 adjusted EBITDA $118.6M (+14%); gross profit $285.8M (+14%).
- Client attrition low at 8.5% vs 12% prior year; new client WSEEs up 37%.
- Updated 2022 guidance issued; strong start to Five Year Plan announced.