Strong Revenue Growth
Revenue was reported at $464.3 million, marking an 8.5% increase over the prior year.
Positive Cash Flow and Balance Sheet
Cash flow from operations was reported at $71.3 million, with a strong balance sheet showing cash and marketable securities of $207.5 million.
New Client Wins and High Retention
New client wins and high retention rates drove top-line growth, contributing to the highest revenue growth since Q1 of 2018.
Labor Market Stability
Labor market conditions were favorable with sufficient applications to fill job openings, supporting growth prospects.
Share Buyback Program
Repurchased $27.3 million of common stock in the third quarter, totaling $42 million year-to-date.