secwatch.observer — SEC 8-K summary
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Issuer:     INSPERITY, INC. (NSP)
CIK:        0001000753
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001000753-24-000007
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insperity Q4 EPS $0.52 (adj $0.75); FY23 rev $6.5B; announces Workday partnership
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- Q4 2023 revenue $1.6B (+6% YoY), net income $19.6M, diluted EPS $0.52; adjusted EPS $0.75.
- FY2023 revenue $6.5B (+9% YoY), diluted EPS $4.47; adjusted EPS $5.52; adjusted EBITDA $353.6M.
- Average paid WSEEs up 2.5% in Q4 and 5.8% for FY; macro headwinds led to net reductions in Q4.
- Returned $215.7M to shareholders in 2023 via buybacks ($131.5M) and dividends ($84.2M).
- Exclusive strategic partnership with Workday to jointly develop and sell a full-service HR solution for SMBs; details to follow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000753/000100075324000007/0001000753-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000753/000100075324000007/nsp-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001000753-24-000007

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