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Insperity Inc. (NYSE: NSP), the largest professional employer organization in the U.S., reported third-quarter revenue rose 8.5 percent to almost $512.0 million from $471.8 million in the third quarter of last year. The company reported the increase came through a 7.5 percent increase in the average number of worksite employees and a 1.0 percent increase in revenue per worksite employee per month.
Third-quarter gross margin improved to 19.2 percent from 18.4 percent in the year-ago quarter.
Houston-based Insperity reported third-quarter net income rose 179.4 percent to $11.5 million from $4.1 million in the third quarter of last year.
Insperity Inc. (NYSE: NSP)
For the third quarter ended Sept. 30, 2012, compared with the same period last year.
Revenue: $512.0 million, +8.5 percent
Net income: $11.5 million, +179.4 percent