Insperity (NSP) Beats on Q2 Earnings & Revenues, Ups View
Zacks Investment Research | Aug 03, 2021 01:10AM ET
Insperity (NYSE:NSP), Inc.industry it belongs to.
Image Source: Zacks Investment Researchh3 Operating Results /h3
Gross profit of $199.55 million decreased 9.4% from the year-ago quarter. Gross margin of 16.8% declined from 22.2% in the year-ago quarter. Gross profit per worksite employee per month decreased 15.2% year over year to $273.
Adjusted EBITDA decreased 34.5% year over year to $60.2 million. Adjusted EBITDA per worksite employee per month decreased 39.3% to $82.
Operating expenses increased 11.6% year over year to $164.33 million. Operating expenses per worksite employee per month increased 4.7% to $225.
Operating income decreased 51.7% year over year to $35.22 million. Operating income per worksite employee per month fell 55.1% to $48.
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