Insperity Inc. News Release (02/14/12)
Insperity Inc. today reported results for the fourth quarter and year ended Dec. 31, 2011. For the fourth quarter, the company reported net income of $10.8 million, a 39.2% increase over the $7.8 million earned in the 2010 period. For the year ended Dec. 31, 2011, the company reported net income of $30.5 million, a 35.8% increase over the $22.4 million earned in 2010.
Revenues for the fourth quarter of 2011 increased 13.7% over the 2010 period due to a 9.7% increase in the average number of work site employees paid per month and a 3.6% increase in revenues per work site employee per month. Revenues in 2011 were $2.0 billion, a 14.9% increase over 2010.