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.

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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.

EVENT FOR BOSTON'S SMALL AND MEDIUM-SIZE BUSINESS LEADERS TO FEATURE THOUGHTFUL DISCUSSIONS AROUND INSPIRATION, INSIGHTS AND ENTREPRENEURSHIP DUBLIN, Calif. , May 17, 2022 /PRNewswire/ -- WHAT: TriNet , a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), will hold its first TriNet PeopleForceX event on Thursday, May 19.

TRINET LAUNCHING TRINET PEOPLEFORCEX THIS WEEK IN BOSTON

TriNet CEO and President Burton Goldfield discusses wage inflation in America.

Wage inflation will remain as long as there is demand for workers, says TriNet CEO

New Design and Technology Delivers a More Visual, Intuitive and Powerful Experience DUBLIN, Calif., May 3, 2022 /PRNewswire/ -- TriNet , (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs) today announced that it has launched a major redesign to its customer-facing technology platform.

TriNet Launches Enhanced Technology Platform to Better Serve Small and Medium-Size Businesses

TriNet Group, Inc. (NYSE:TNET ) Q1 2022 Earnings Conference Call April 26, 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 David Grossman - Stifel Financial Operator 00:05 Good afternoon, and welcome to the TriNet First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q1 2022 Results - Earnings Call Transcript

TriNet (TNET) delivered earnings and revenue surprises of 24.39% and 13.25%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

TriNet Group (TNET) Tops Q1 Earnings and Revenue Estimates

15% Growth in Total Revenues to $1.2 Billion 27% Growth in Professional Service Revenues to $194 million Net Income per Diluted Share of $2.21 and Adjusted Net Income per Diluted Share $2.55 DUBLIN, Calif. , April 26, 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 first quarter ended March 31, 2022.

TriNet Announces First Quarter 2022 Results

DUBLIN, Calif. , April 25, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced that Maria Contreras-Sweet , managing director of investment firm Rockway Equity Partners and management consulting firm Contreras-Sweet Companies, and a TriNet board member, will be speaking at TriNet's first annual Small Business Week Summit.

Former Administrator of the U.S. Small Business Administration Maria Contreras-Sweet to Speak at TriNet Small Business Week Summit

TriNet provides HR solutions through a co-employment model in tandem with its own workflow optimization software. The company will soon report its first-quarter results for 2022 after a successful year that saw record numbers.

TriNet Group: Non-Stop Growth Through Quality Service

Virtual event for small and medium-size businesses to focus on Innovation and Entrepreneurship DUBLIN, Calif. , April 13, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced plans to hold its first annual Small Business Week Summit.

TriNet Launches Inaugural Small Business Week Summit May 2-5

DUBLIN, Calif., April 12, 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 first quarter ended March 31, 2022 after U.S. market hours on Tuesday, April 26, 2022.

TriNet to Report First Quarter 2022 Financial Results on April 26

DUBLIN, Calif., Feb. 17, 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 $300 million in value of its common stock (the "Common Stock") at a price per share not less than $83.00 and not greater than $97.00, 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 $300 Million of its Common Stock

DUBLIN, Calif., Feb. 16, 2022 /PRNewswire/ -- TriNet, (NYSE: TNET), a leading provider of comprehensive human resources (HR) solutions for small and medium-size businesses (SMBs), today announced an exclusive partnership with WeWork (NYSE: WE), a leading flexible space provider, to become the company's professional employer organization partner (PEO) in the United States.

TriNet Enters into Exclusive Agreement with WeWork as HR Services Partner to WeWork Members in the U.S.

DUBLIN, Calif., Feb. 15 2022 /PRNewswire/ --  TriNet , (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs) today announced the completion of its acquisition of Zenefits , a leading SaaS-based human capital management (HCM) solution purpose-built for SMBs to enable people operations, from Francisco Partners.

TriNet Completes Acquisition of Zenefits

TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q4 2021 Results - Earnings Call Transcript

DUBLIN, Calif., Feb. 14, 2022 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced financial results for the fourth quarter and fiscal year ended December 31, 2021.

TriNet Announces Record Fourth Quarter, Fiscal Year 2021 Results and an Increase to the Stock Repurchase Program

DUBLIN, Calif., Jan. 27, 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 fourth quarter and full year ended December 31, 2021 after U.S. market hours on Monday, February 14, 2022.

TriNet to Report Fourth Quarter and Full Year 2021 Financial Results on February 14

DUBLIN, Calif., Dec. 28, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the most recent donor recipient of the TriNet Foundation, a donor-advised fund (DAF), on behalf of TriNet's Corporate Social Responsibility program: Hire Heroes USA.

TriNet Provides Donation to Hire Heroes USA Supporting Service Members, Veterans and Military Spouses

TriNet Group Inc. said late Thursday it had entered an agreement to acquire human-resources and payroll platform Zenefits from investment firm Francisco Partners for an undisclosed amount of stock and cash.

TriNet to expand HR cloud-software business by acquiring Zenefits

DUBLIN, Calif., Dec. 23, 2021 /PRNewswire/ -- TriNet, a leading provider of human resources solutions for small and medium-size businesses (SMBs), today announced it has entered into a definitive agreement to acquire Zenefits, a People Operations platform purpose-built for SMBs, from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses.

TriNet Announces Definitive Agreement to Acquire Zenefits

TriNet Group (TNET) has been struggling lately, but the selling pressure may be coming to an end soon.

TriNet Group (TNET) Sees Hammer Chart Pattern: Time to Buy?

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DUBLIN, Calif., Nov. 22, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Kelly Tuminelli, TriNet's Executive Vice President and CFO, will present at the Bank of America Securities Leveraged Finance Conference on Tuesday, November 30, 2021 at 12:45 pm PT (3:45 pm ET).

TriNet to Participate at the Bank of America Securities Leveraged Finance Conference

DUBLIN, Calif., Nov. 10, 2021 /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 2021 Ultimate Services Investor Conference

DUBLIN, Calif., Nov. 3, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), announced the release of its inaugural TriNet Environmental, Social and Governance (ESG) report, as introduced on its third-quarter 2021 financial earnings call on October 25.

TriNet Releases its Inaugural Environmental, Social and Governance Report

TriNet (TNET) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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