TriNet Group

TriNet Group, Inc. provides human resources solutions including industry solutions to small and mid sized businesses. Its services include payroll processing tax administration, employee benefits and a human resource technology platform with online and mobile tools and also employee onboarding and termination, compensation reporting, expense management, and benefits enrollment and administration. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

Earnings data Q1 2021

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Earnings data Q4 2024

TriNet Group posts strong earnings, eyes growth through acquisitions

TriNet Group reported strong financial performance in Q4 2022 and full year, driven by differentiated solutions and vertical market focus.
Despite challenges in WSE growth and pricing changes impacting utilization, the company remains confident in its growth prospects and profitability.
Opportunities lie in share repurchase plans, sales team expansion, margin improvement, and investments in customer experience and digital transformation.
TriNet's strengths in sales productivity, regional performance, and customer retention, along with its unique market positioning, support its positive outlook for future growth.
Overall, TriNet's performance, strengths, challenges, and opportunities position the company well for continued success and market expansion in 2023 and beyond.

TriNet Group surpasses Q1 guidance, eyes growth opportunities ahead

TriNet Group showcased strong financial performance, exceeding earnings guidance.
The company's focus on customer retention and new sales growth is driving positive results.
Improved earnings guidance and strategic initiatives position TriNet well for future growth.

TriNet Group exceeds Q2 expectations, eyes growth amid revenue challenges

TriNet Group delivered strong financial performance in Q2 2023, driven by robust ACV growth and strategic sales initiatives.
While facing challenges in revenue growth and uncertainties in CIE trends, the company remains optimistic about future prospects.
With a focus on enhancing customer targeting, capital return strategies, and platform performance, TriNet is poised for sustainable growth.

TriNet Group (TNET) reports strong Q3 performance and outlines growth strategies

TriNet Group showcased robust financial performance in Q3 despite revenue decline, emphasizing sales growth and customer well-being. The company faces challenges in revenue generation and cost management but sees opportunities in strategic shifts and future growth prospects.

TriNet Group reports robust Q4 performance, appoints new CEO

TriNet Group's Q4 2023 earnings call showcased strong financial performance, strategic leadership changes with a new CEO, and a clear focus on customer satisfaction and growth opportunities. While facing challenges related to economic and healthcare trends, the company is well-positioned to leverage its strengths in platform scalability and service offerings to drive continued success in 2024.

TriNet Group reports solid Q1 performance amidst economic challenges

TriNet Group's Q1 2024 performance showcased revenue growth, strong sales momentum, and effective expense management strategies.
Despite economic challenges impacting customers, the company is focused on driving retention, expanding distribution, and leveraging technology for operational efficiency.
Anticipated demand increase in the long term due to healthcare cost inflation presents growth opportunities and value for shareholders.

TriNet Group reports strong Q2 performance amidst market challenges

TriNet Group's Q2 2024 performance showcased resilience and growth, with solid financial results and a focus on customer satisfaction.
While facing challenges like slower net hiring, the company's emphasis on expense management and sales productivity positions it well for future success.
By capitalizing on opportunities for innovation and customer service enhancement, TriNet can navigate market challenges and drive sustained growth.

TriNet Group addresses cost challenges, forecasts strong customer retention

TriNet Group navigated challenges from increased healthcare costs by taking strategic actions and focusing on customer value.
Despite challenges, the company showed strengths in revenue growth, client retention, and commitment to sustainable growth.
Opportunities for growth include sales expansion, competitive strategies, and continued focus on efficiency.

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TriNet Group, Inc. engages in the provision of comprehensive human resources solutions for small and medium-size businesses. The firm also offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development tax credit services. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

TriNet Group, Inc. (NYSE:TNET ) Q4 2022 Earnings Conference Call February 15, 2023 5:00 PM ET Company Participants Alex Bauer – Head-Investor Relations Burton M. Goldfield – President and Chief Executive Officer Kelly Tuminelli – Chief Financial Officer Conference Call Participants Tien-Tsin Huang – JPMorgan Jared Levine – Cowen Andrew Nicholas – William Blair David Grossman – Stifel Operator Good day, and welcome to the TriNet Fourth Quarter 2022 Earnings Conference Call.

TriNet Group, Inc. (TNET) Q4 2022 Earnings Call Transcript

9% Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to $754 million for Fiscal Year 2022 8%  Growth in Total Revenues to $4.9 billion for Fiscal Year 2022 11%  Growth in Earnings per Share and 25% Growth in Adjusted Earnings per Share for Fiscal Year 2022 TriNet Stock Repurchase Program Authorized up to $545 million DUBLIN, Calif. , Feb. 15, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human capital management solutions for small and medium-size businesses (SMBs), today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results

DUBLIN, Calif. , Jan. 25, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the fourth quarter and full year ended December 31, 2022 after U.S. market hours on Wednesday, February 15, 2023.

TriNet to Report Fourth Quarter & Full Year 2022 Financial Results on February 15

Investing in Your Network to Drive Growth DUBLIN, Calif. , Jan. 9, 2023 /PRNewswire/ -- WHAT: TriNet, a leading provider of comprehensive human resources for small and medium-size businesses, will be in Denver for TriNet PeopleForceX, an extension of its award-winning TriNet PeopleForce conference.

TriNet PeopleForceX Event for Denver Small And Medium-Size Business Leaders Wednesday, January 11

Season Two Hosted by TriNet Senior Vice President, Chief Marketing Officer & Chief Communications Officer Michael Mendenhall DUBLIN, Calif. , Jan. 5, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced that the second season of its podcast, Shifting Grounds , will debut on Tuesday, January 10, 2023.

TriNet to Debut Second Season of Shifting Grounds, Podcast That Focuses on The Future of Work, Innovation and Agility

DUBLIN, Calif. , Dec. 9, 2022 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the final results of its modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $250 million in value of its common stock (the "Common Stock") at a price per share not less than $63.00 and not greater than $72.00, less any applicable withholding taxes and without interest, using available cash on hand.

TriNet Group, Inc. Announces Final Results of its Modified Dutch Auction Tender Offer

DUBLIN, Calif. , Dec. 7, 2022 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the preliminary results of its modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $250 million in value of its common stock (the "Common Stock") at a price per share not less than $63.00 and not greater than $72.00, less any applicable withholding taxes and without interest, using available cash on hand.

TriNet Group, Inc. Announces Preliminary Results of its Modified Dutch Auction Tender Offer

DUBLIN, Calif. , Nov. 28, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M.

TriNet to Participate at the Credit Suisse 26th Annual Technology Conference

Work from home has made payroll and health insurance more complicated and reliant on compliance - increasing the need for Professional Employer Organizations of which, Trinet is a market leader. I believe that this industry and one of its biggest pure plays, Trinet is crucial for the success of people led tech teams.

TriNet's Integrated Model Is A Great Bargain

This investment choice is based on both fundamentals and market judgment that investors have favorable odds to see 20+% gains in the next few months from the stock's ownership. How do we believe that can happen? Smart money is betting that it will. Not only market-active institutional investor-buyers expect continued recovery, but speculator-insurance providers also see it likely.

TriNet Group: Today's Best-Buy Near-Term Cap-Gain Staffing Services Stock

Alex Warren Named Chief Revenue Officer and Tom Rose Appointed Senior Vice President of Customer Success and Operations DUBLIN, Calif. , Nov. 17, 2022 /PRNewswire/ -- TriNet  (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-sized businesses (SMBs), today announced two new senior leadership roles designed to drive increased revenue growth and retention, improve operating strategies, and create a more comprehensive and integrated customer experience.

TriNet Announces Two Key Executive Appointments

DUBLIN, Calif. , Nov. 7, 2022 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet" or the "Company") announced today that it has commenced a modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $250 million in value of its common stock (the "Common Stock") at a price per share not less than $63.00 and not greater than $72.00, less any applicable withholding taxes and without interest, using available cash on hand.

TriNet Group, Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $250 Million of its Common Stock

DUBLIN, Calif. , Nov. 3, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M.

TriNet to Participate at the J.P. Morgan 2022 Ultimate Services Investor Conference

DUBLIN, Calif. , Nov. 3, 2022 /PRNewswire/ -- TriNet  (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced the release of its 2022  TriNet Environmental, Social and Governance (ESG) report.

TriNet Releases 2022 Environmental, Social and Governance Report

Inflation, Economic Conditions, and Employee Productivity Major Concerns for SMBs DUBLIN, Calif. , Nov. 2, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), partnered with The Harris Poll to conduct an industry-wide pulse survey to better understand the experiences and perceptions around the current and upcoming macroeconomic environment that SMB leaders are facing.

TriNet and The Harris Poll Reveal Survey Results Highlighting Perception on State of Economy from Small and Medium-Size Business Leaders

Panel Discussion Centered Around the Balancing Act:  Addressing Employee Needs in Times of Marketplace Uncertainty DUBLIN, Calif. , Oct. 26, 2022 /PRNewswire/ --  WHAT: TriNet, a leading provider of comprehensive human resources for small and medium-size businesses, will be in Los Angeles for PeopleForceX, an extension of its award-winning TriNet PeopleForce conference.

TriNet PeopleForceX Event for Los Angeles Small And Medium-Size Business Leaders Wednesday, November 2

TriNet (TNET) delivered earnings and revenue surprises of 60.78% and 21.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

TriNet Group (TNET) Tops Q3 Earnings and Revenue Estimates

TriNet Group, Inc. (NYSE:TNET ) Q3 2022 Results Conference Call October 25, 2022 5:00 PM ET Company Participants Alex Bauer - IR Burton Goldfield - President & CEO Kelly Tuminelli - EVP & CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Nicholas - William Blair Jared Levine - Cowen Kevin McVeigh - Credit Suisse David Grossman - Stifel Operator Good day and welcome to the TriNet Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

TriNet Group, Inc. (TNET) Q3 2022 Earnings Call Transcript

8%  Growth in Total Revenues to $1.2 Billion 21% Growth in Professional Service Revenues to $189 million Net Income per Diluted Share of $1.22 and Adjusted Net Income per Diluted Share $1.64 DUBLIN, Calif. , Oct. 25, 2022 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the third quarter ended September 30, 2022.

TriNet Announces Third Quarter 2022 Results

Visier's people analytics technology will be embedded in TriNet Zenefits solutions to offer small, and medium sized organizations deeper insights into their people  VANCOUVER, BC , Oct. 18, 2022 /PRNewswire/ --  Visier , the globally recognized leader in people analytics and workforce solutions for people-powered business, today announced an embedded partnership with TriNet Zenefits, a wholly owned subsidiary of TriNet (NYSE: TNET) and leader in HR and payroll software and services purpose-built for small and mid-size companies. TriNet Zenefits People Analytics Powered by Visier will help business owners and entrepreneurs to make data driven decisions to transform workplace programs for their small but mighty workforces.

Visier Announces Embedded Partnership with TriNet Zenefits to Enable People Analytics for SMBs

DUBLIN, Calif. , Oct. 18, 2022 /PRNewswire/ --  TriNet  (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced enhancement to its wholly-owned subsidiary, TriNet Zenefits' platform through collaborations with Employ's JazzHR, a leader in SMB applicant tracking software, and Visier, a leader in people analytics.

TriNet Zenefits Expands Applicant Tracking and People Analytics Capabilities Through Collaborations with JazzHR and Visier

DUBLIN, Calif. , Oct. 11, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the third quarter ended September 30, 2022 after U.S. market hours on Tuesday, October 25, 2022.

TriNet to Report Third Quarter 2022 Financial Results on October 25

An educational discussion with Doug Riegelhuth, Vice President & AGC, Employment Law, TriNet and Von Boyenger, Senior Deputy Labor Commissioner, State of California  DUBLIN, Calif. , Oct. 6, 2022 /PRNewswire/ -- TriNet Webinar: The Most Common Wage and Hour Violations in California – and How to Avoid them WHAT: TriNet Webinar: The Most Common Wage and Hour Violations in California – and How to Avoid them Employment laws in California can be quite complex.

TriNet Webinar: The Most Common Wage and Hour Violations in California - and How to Avoid them

DUBLIN, Calif. , Sept. 21, 2022 /PRNewswire/ -- WHAT: Watch free, on-demand sessions online from the recent TriNet PeopleForce 2022.

TriNet PeopleForce 2022 SessionsAvailable for On-Demand Viewing

Latest In the Enrich Product Line That Expands Benefits TriNet Customers Can Offer Their Employees DUBLIN, Calif. , Sept. 14, 2022 /PRNewswire/ -- TriNet  (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced at TriNet PeopleForce the launch of Enrich Learn™, the newest benefit product offering from its recently launched Enrich product line.

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