Insperity (NSP) Tops Q1 EPS Views; Updates FY16 Outlook
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Insperity Announces Record First Quarter Results
May 2, 2016 7:00 AM EDTQ1 adjusted EPS up 90% to $1.63 Q1 adjusted EBITDA increases 45% to $61.2 million Q1 worksite employee growth accelerates to 15% while adjusted operating expenses increased less than 2%
HOUSTON--(BUSINESS WIRE)-- Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for Americas best businesses, today reported first quarter adjusted EBITDA of $61.2 million, a 44.7% increase over the first quarter of 2015. Adjusted net income was $34.9 million and adjusted diluted earnings per share were $1.63, an 89.5% increase over the first quarter of 2015. Reported first quarter GAAP... More
