Insperity Inc. (NSP) posted lower first-quarter net income allocated to common shares of $12.79 million, or $0.51 a share, compared with the prior-year quarter's $13.48 million, or $0.54 a share. On a GAAP basis, net profit amounted to $13.17 million for the latest quarter, down 5.1% from $13.88 million last year.
However, three-month revenues went up 2.8% year-over-year to $611.84 million, from $595.18 million, due to a 1.2% growth in the average number of worksite employees paid per month and a 1.6% rise in revenues per worksite employee per month.
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