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Insperity(NSP) - 2025 Q1 - Earnings Call Presentation
2025-04-29 17:10
Financial Performance - Q1 2025 average paid worksite employees increased by 1%[8] - Worksite employees paid from new client sales increased 3% compared to Q1 2024[8] - Total client attrition for Q1 2025 improved to 9% compared to 12% in Q1 2024[8] - Q1 2025 Adjusted EBITDA declined 28% year-over-year[11] - Q1 2025 Adjusted EPS declined 31% year-over-year[11] Balance Sheet and Cash Flow - Adjusted Cash was $124 million as of March 31, 2025[13] - Total Debt remained at $369 million as of March 31, 2025[13] - Adjusted EBITDA was $102 million for the year-to-date period ended March 31, 2025[13] Outlook - Q2 2025 average WSEEs paid are expected to be between 308,000 and 311,000, representing a year-over-year increase between 03% and 13%[15] - FY 2025 average WSEEs paid are expected to be between 308,800 and 316,400, representing a year-over-year increase between 05% and 30%[15] - FY 2025 Adjusted EBITDA is projected to be between $190 million and $245 million, a year-over-year decrease between 30% and 9%[15] - FY 2025 Adjusted EPS is projected to be between $223 and $328, a year-over-year decrease between 38% and 8%[15]