Q3 WSEE growth accelerates to 15%, driving 19% gross profit increase
Q3 net income and EPS up 89% and 87%, to $36 million and $0.86, respectively
Q3 adjusted EPS up 68% to $0.96
Q3 adjusted EBITDA up 43% to $62 million
YTD EPS and adjusted EPS up 60% and 61%, respectively
“Our refined business model is continuing to generate outstanding growth and profitability as demonstrated by the recent quarter and year-to-date results,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “We are in an excellent position to continue double-digit growth and profitability as we look forward to 2019.”
“Our year-to-date results, combined with our outlook for the fourth quarter, results in 33% adjusted EBITDA growth for 2018,” said Douglas S. Sharp, senior vice president of finance, chief financial officer and treasurer. “This would be our fourth year in a row with adjusted EBITDA growth in excess of 25% demonstrating strong execution of our long-term business plan.”
Investor Relations | NSP Stock | Insperity