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Insperity, Inc. (NSP) CEO Paul Sarvadi on Q1 2021 Results - Earnings Call Transcript

May 03, 2021 9:45 PM ETInsperity, Inc. (NSP) Stock
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Insperity, Inc. (NYSE:NSP) Q1 2021 Earnings Conference Call May 3, 2021 5:00 PM ET

Company Participants

Douglas Sharp - SVP, Finance and Chief Financial Officer

Paul Sarvadi - Chairman and Chief Executive Officer

Conference Call Participants

Tobey Sommer - Truist Securities

Josh Vogel - Sidoti & Company

Jeff Martin - ROTH Capital Partners

Mark Marcon - Baird


Good afternoon. My name is Paul, and I'll be your conference operator today. I would like to welcome everyone to the Insperity First Quarter 2021 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; and Douglas Sharp, Senior Vice President of Finance, Chief Financial Officer and Treasurer.

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

Douglas Sharp

Thank you. We appreciate you joining us. Let me begin by outlining our plan for this evening's call. First, I’m going to discuss the details behind our first quarter 2021 financial results. Paul will then comment on the key drivers behind our Q1 results and our plan for the remainder of the year. I will return to provide our financial guidance for the second quarter and an update to the full year guidance. We will then end the call with the 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

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