Insperity Announces First Quarter Results
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Insperity (NSP) Tops Q1 EPS by 9c, Revenues Beat; Updated 2Q EPS Guidance Above Consensus, Provides FY20 EPS Outlook
May 4, 2020 4:36 PM EDTInsperity (NYSE: NSP) reported Q1 EPS of $1.70, $0.09 better than the analyst estimate of $1.61. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion.
Q1 revenue increased 7% on worksite employee growth of 5.5%Q1 diluted EPS and adjusted EPS of $1.58 and $1.70, respectivelyQ1 net income and adjusted EBITDA of $62 million and $101 million, respectivelyWe are pleased with our solid first quarter results, but more importantly, our company-wide response to the COVID-19 pandemic in support of our small to medium size business clients. Small businesses, their... More
