Insperity(US:NSP)2025-02-11 11:21Q4 2024 Performance - Q4 average paid worksite employees declined by 2%[7] - Early momentum in the fall selling season generated a 37% increase in WSEEs paid from new sales in Q4 2024 vs Q4 2023[7] - Client retention averaged 99%[7] - Adjusted EBITDA decreased by 59% and Adjusted EPS decreased by 93% due to a 2% decrease in paid worksite employees and investment in the Workday strategic partnership[9] FY 2024 Performance - Average paid worksite employees decreased by 2% due to macroeconomic uncertainty[12] - Worksite employees paid from new client sales increased 2% compared to 2023[12] - Client retention declined 2% compared to 2023[12] - Adjusted EBITDA declined by 24% and Adjusted EPS declined by 35%[14] - Operating expenses include $57 million associated with the investment in the Workday strategic partnership[15] 2025 Outlook - Q1 2025 average WSEEs paid are expected to be between 306,500 and 309,000, representing a year-over-year increase of 09% to 17%[18] - FY 2025 average WSEEs paid are expected to be between 313,400 and 319,500, representing a year-over-year increase of 20% to 40%[18] - FY 2025 Adjusted EBITDA is projected to be between $240 million and $285 million, a year-over-year change of -11% to 6%[18]