secwatch.observer — SEC 8-K summary
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Issuer:     INSPERITY, INC. (NSP)
CIK:        0001000753
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001000753-23-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insperity Q3 EPS $1.16, adjusted $1.46; revenues up 8% to $1.6B; updates FY2023 guidance
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- Q3 net income $44.3M ($1.16 diluted EPS); adjusted EPS $1.46, up 19% YoY; adjusted EBITDA $94.3M.
- Revenues $1.6B, up 7.8% YoY driven by 4% increase in paid worksite employees to 315,340.
- Gross profit $257.9M (+5.5%); benefits costs normalized after high Q2 claim activity.
- YTD repurchased 1,259,000 shares for $131.4M; Q3 alone repurchased 873,000 shares for $86M.
- Company updated 2023 guidance including Q4; maintains $280M credit availability and $189.6M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000753/000100075323000048/0001000753-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000753/000100075323000048/nsp-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001000753-23-000048

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