r y Insperity. HR that Mokes a Difference" Earnings Call and Webcast Q2 2024 August 1, 2024 Safe Harbor Statement The statements contained herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify such forward-looking statements by the words "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "could ...

Insperity, Inc. (NSP) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.81%. A quarter ago, it was expected that this company would post earnings of $2.11 per share when it actually produced earnings of $2.27, delivering a surprise of 7.58%. Over the last four quarters, the company h ...

WHO estimated a shortage of 10 million health workers by 2030, primarily affecting low- and lower-middleincome countries. Through the use of predictive analytics, artificial intelligence (AI) is bringing about a revolution in the management of healthcare workforces. Mobile workforce management solutions are becoming gradually popular, which is causing a shift in the way that healthcare workers access and manage their schedules. The healthcare workforce management systems report delves into key industry tren ...

Insperity, Inc. (NSP) reported mixed first-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same.NSP’s shares have barely moved since its earnings release on May 1 despite an earnings beat.Adjusted earnings (excluding 19 cents from non-recurring items) of $2.27 per share outpaced the consensus estimate by 7.6% but declined 15% year over year. Revenues of $1.8 billion missed the Zacks Consensus Estimate by a slight margin but increased 1.8% from the yea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________ Commission File No. 1-13998 Insperity, Inc. (Exact name of registrant as specified in its charter) Delaware 76-0479645 (Sta ...

Insperity, Inc. (NSP) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.58%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced earnings of $0.75, delivering a surprise of 22.95%.Over the last four quarters, the company ha ...

Exhibit 99.1 Insperity Announces First Quarter Results HOUSTON – May 1, 2024 – Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America's best businesses, today reported results for the first quarter ended March 31, 2024. Insperity will be hosting a conference call today at 8:30 a.m. ET to discuss these results and our updated 2024 outlook and will be posting an accompanying presentation to its investor website at http://ir.insperity.com. First Quarte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________ Commission File No. 1-13998 Insperity, Inc. (Exact name of registrant as specified in its charter) Delaware 76-0479645 (State or o ...

Financial Data and Key Metrics Changes - In Q4 2023, the company achieved an adjusted EPS of $0.75 and adjusted EBITDA of $56 million, both exceeding expectations [4] - Operating expenses increased by 5% compared to Q4 of the prior year, aligning with forecasts [5] - The effective income tax rate for Q4 was 19%, positively influenced by lower state taxes and R&D tax credits [5] - The company ended 2023 with $171 million in adjusted cash and $370 million outstanding under its credit facility [6] Business Line Data and Key Metrics Changes - Gross profit per worksite employee per month was $277 in 2023, slightly below budget despite elevated healthcare costs [22] - Operating expenses rose by 7.5% over 2022, reflecting investments in long-term growth plans and a 12% increase in Business Performance Advisors [22] Market Data and Key Metrics Changes - The company experienced a net reduction in employees within its client base during the second half of 2023, continuing into January 2024, which affected growth rates [31] - The forecast for worksite employee growth in Q1 2024 is a decline of 1% to flat, with an expected growth of 2% to 3% for the full year [32] Company Strategy and Development Direction - The strategic partnership with Workday aims to develop a combined solution for small and mid-sized businesses, enhancing the company's market position [105] - The partnership is expected to improve new sales, client retention, and pricing strategies, with an investment of approximately $150 million over five years [112] - The company plans to maintain its existing technology for smaller clients while integrating Workday's solutions for larger clients [84] Management's Comments on Operating Environment and Future Outlook - Management noted that macroeconomic headwinds have impacted hiring and client retention, with a current annual retention rate of 83% [103] - The company anticipates that the strategic partnership will enhance its ability to retain larger clients and improve overall sales opportunities [110] - Management expressed confidence in the long-term growth potential stemming from the partnership, despite short-term impacts on adjusted EBITDA and earnings per share [15][113] Other Important Information - The company plans to hold an Investor and Analyst Day in May 2024 to discuss the strategic partnership and its implications [35] - The partnership with Workday is exclusive within the PEO industry for at least five years, providing a competitive advantage [11] Q&A Session Summary Question: What is the timeline for marketing and installing the joint venture with Workday? - Management indicated that while specific timelines are not locked down, they expect to have more information by the Investor and Analyst Day in May, with a likely launch within a year [43][46] Question: How will the partnership affect mid-market business? - Management does not foresee cannibalization of mid-market business; instead, they believe it will enhance client retention and revenue as clients transition to the new solution [59][61] Question: What is the expected impact of healthcare trends on pricing? - Management expects a trend of 4.5% to 6% in healthcare costs, with a focus on maintaining pricing alignment with direct costs [70][99] Question: Will clients have the option to use the traditional Workforce Optimization versus the combined offering with Workday? - Clients will have the opportunity to utilize both solutions, with the new offering providing enhanced technology and HR service experience [73][75]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________ Commission File No. 1-13998 Insperity, Inc. (Exact name of registrant as specified in its charter) Delaware 76-0479645 (State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.) (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of ...