May 25, 2017 3:53 PM ET

Professional Services

Company Overview of Insperity, Inc.

Company Overview

Insperity, Inc. provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR business services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising benefits and payroll administration, health and workers’ compensation insurance programs, personnel records management, employer liability management, assistance with government compliance, general HR advice, employee recruiting and support, employee performance management, and training and development services. It also provides Employee Service Cente...

19001 Crescent Springs Drive

Kingwood, TX 77339

United States

Founded in 1986

2,600 Employees

Phone:

281-358-8986

Key Executives for Insperity, Inc.

Co-Founder, Executive Chairman and Chief Executive Officer
Age: 59
Total Annual Compensation: $884.0K
President and Director
Age: 67
Total Annual Compensation: $513.8K
Chief Financial Officer, Senior Vice President of Finance and Treasurer
Age: 54
Total Annual Compensation: $432.5K
Chief Operating Officer and Executive Vice President of Client Services
Age: 58
Total Annual Compensation: $513.8K
Executive Vice President of Sales and Marketing
Age: 62
Total Annual Compensation: $490.9K
Compensation as of Fiscal Year 2016.

Insperity, Inc. Key Developments

Insperity, Inc Announces the Resignation of Peter Feld from the Board of Directors of the Company

On May 9, 2017, Peter Feld notified Insperity, Inc. that he had resigned from the Board of Directors of the company effective immediately in light of the aggregate beneficial ownership of the Company’s common stock by Starboard Value, LP and certain of its affiliates (collectively, “Starboard”) being below the Minimum Ownership Threshold specified in the prior agreements between the company and Starboard.

Insperity, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Second Quarter and Full Year of 2017

Insperity, Inc. announced unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company's revenues were $882,664,000 compared with $802,408,000 a year ago. Operating income was $53,492,000 compared with $53,043,000 a year ago. Income before income tax expense was $53,334,000 compared with $52,705,000 a year ago. Net income allocated to common shares was $34,847,000 or $1.69 per basic and diluted share compared with $32,029,000 or $1.53 per basic and diluted share a year ago. EBITDA was $58,211,000 compared with $57,613,000 a year ago. Adjusted EBITDA was $62,714,000 compared with $61,188,000 a year ago. Adjusted net income was $38,636,000 compared with $34,911,000 a year ago. Adjusted diluted net income per share of common stock was $1.84 against $1.63 a year ago. For the second quarter, the company expects net income to be in the range of $10 million to $11 million, Depreciation and amortization of $4 million, EBITDA of $21 million to $23 million, adjusted EBITDA of $27 million to $29 million, Diluted net income per share of common stock of $0.49 to $0.55, and Adjusted EPS of $0.65 to $0.71 per share. For the full year, the company expects net income to be in the range of $78 million to $81 million, Depreciation and amortization of $17 million, EBITDA of $142 million to $146 million, adjusted EBITDA of $162 million to $166 million, Diluted net income per share of common stock of $3.70 to $3.84, and Adjusted EPS of $4.30 to $4.44 per share. For the remaining quarters, the company continues to estimate a tax rate of 38%, which then equates to a full year rate of 36%.

Insperity Declares Quarterly Dividend, Payable on May 30, 2017

Insperity, Inc. announced that its board of directors has approved an increase in its quarterly cash dividend to $0.30 per share. The cash dividend, representing an increase of $0.05 per share over the prior quarter, will be paid on May 30, 2017 to all stockholders of record as of May 15, 2017.

Similar Private Companies By Industry

Company Name Region
1-2-3 Payroll & HR Services, Inc. United States
120 Water Audit, LLC United States
123College.com, Inc. United States
13D Research LLC United States
1410 Partners, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Insperity, Inc., please visit www.insperity.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.