PEO Insperity reports revenue up 13.4% in Q4

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Professional employer organization Insperity Inc. (NYSE: NSP) reported fourth-quarter revenue rose 13.4%, primarily due to a 9.8% increase in the average number of worksite employees paid per month.

The Houston-based company attributed the worksite employee growth to new client sales driven by an increase in the number of trained business performance advisors, combined with a continuing high level of client retention. Net hiring of worksite employees by Insperity’s clients was minimal, as a net loss during the first month of the quarter was followed by slight gains in each of the following two months.

(US$ thousands) Q4 2017 Q4

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