secwatch.observer — SEC 8-K summary
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Issuer:     INSPERITY, INC. (NSP)
CIK:        0001000753
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001000753-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insperity reports record Q4 and FY2022; adjusted EPS $1.21 and $5.59; WSEEs up 14% and 18%
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- Q4 net income $38.2M ($0.99 EPS); adjusted EPS $1.21, adjusted EBITDA $78.9M.
- FY2022 net income $179.4M ($4.64 EPS); adjusted EPS $5.59 (+42% YoY), adj. EBITDA $352.3M.
- Revenue Q4 $1.5B (+15.4%), FY $5.9B (+19.4%); gross profit up 41.3% Q4, 23.3% FY on lower benefit costs.
- Average paid WSEEs Q4 307,506 (+14.3%), FY 295,005 (+17.7%); client retention 99% and 85%.
- 2023 guidance announced; 2022 cash outflows: $73.3M share buybacks (770k shares), $76.6M dividends, $30.4M capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000753/000100075323000006/0001000753-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000753/000100075323000006/nsp-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001000753-23-000006

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