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Insperity, Inc. (NSP) CEO Paul Sarvadi on Q4 2018 Results - Earnings Call Transcript

Feb. 11, 2019 1:29 PM ETInsperity, Inc. (NSP)
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Insperity, Inc. (NYSE:NSP) Q4 2018 Earnings Conference Call February 11, 2019 10:00 AM ET

Company Participants

Paul Sarvadi - Chairman of the Board and Chief Executive Officer

Douglas Sharp - Senior Vice President, Finance, Chief Financial Officer & Treasurer

Conference Call Participants

Jim MacDonald - First Analysis

Mark Marcon - Robert W. Baird


Good morning. My name is Kyle, and I will be your conference operator for today. I would like to welcome everyone to the Insperity Fourth Quarter 2018 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] At this time, I would like to introduce today's speakers. Joining us are Paul Sarvadi, Chairman of the Board and Chief Executive Officer; Douglas Sharp, Senior Vice President of Finance, Chief Financial Officer and Treasurer.

At this time, I would like to turn the call over to Douglas Sharp. Mr. Sharp, please go ahead.

Douglas Sharp

Thank you. We appreciate you joining us this morning. Let me begin by outlining our plan for this morning's call. First, I'm going to discuss the details of our fourth quarter and full year 2018 financial results. Paul will then recap the 2018 year and discuss the major initiatives of our 2019 plan. I will return to provide our financial guidance for the first quarter and full year 2019. We will then end the call with a question-and-answer session.

Now before we begin, I would like to remind you that Mr. Sarvadi or I may make forward-looking statements during today's call, which are subject to risks, uncertainties and assumptions. In addition, some of our discussion may include non-GAAP financial measures. For a more detailed discussion of the risks and uncertainties that could cause actual results to differ materially from any forward-looking statement, and reconciliations

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