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.

DUBLIN, Calif. , May 9, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it has won five Stevie® Awards from the 22nd Annual American Business Awards® (ABA).

TriNet Wins Five Stevie Awards for PeopleForce 2023 and People Matter Campaign

DUBLIN, Calif. , May 6, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its President and CEO, Mike Simonds, and its CFO, Kelly Tuminelli, will present at the following three conferences: The 19th Annual Needham Technology, Media, & Consumer Conference Tuesday, May 14, 2024, in New York, NY, at 3:45pm ET (12:45pm PT) The TD Cowen 52nd Annual Technology, Media & Telecom Conference Wednesday, May 29, 2024, in New York, NY, at 11:25am ET (8:25am PT) The Stifel 2024 Cross Sector Insight Conference Tuesday, June 4, 2024, in Boston, MA, at 8:35am ET (5:35am PT) Live webcasts and replays of the sessions will be available on the Investor Relations section of the TriNet website at investor.trinet.com.

TriNet to Participate at Upcoming Conferences

TriNet Group, Inc. (NYSE:TNET ) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head of IR Mike Simonds - CEO Kelly Tuminelli - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Kyle Peterson - Needham Andrew Nicholas - William Blair Jared Levine - TD Cowen David Grossman - Stifel Operator Good morning, and welcome to the TriNet First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

TriNet Group, Inc. (TNET) Q1 2024 Earnings Call Transcript

TriNet Group (TNET) came out with quarterly earnings of $2.16 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.49 per share a year ago.

TriNet Group (TNET) Q1 Earnings and Revenues Miss Estimates

1% Growth in Total Revenues to $1.3 Billion 4% Growth in Professional Service Revenues to $214 million Net Income per Diluted Share of $1.78 and Adjusted Net Income per Diluted Share $2.16 DUBLIN, Calif. , April 26, 2024 /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, 2024.

TriNet Announces First Quarter 2024 Results

Distribution Solutions Group Inc

There will be an abundance of stocks to choose from that might serve as viable buy-the-dip candidates amid recent market volatility and investors may want to consider Distribution Solutions Group (DSRG) and TriNet T(NET) after recent pullbacks from their 52-week highs.

2 Business Services Stocks to Buy After Pullbacks From 52-week Highs

April 29 through May 3 sessions focused on AI, hiring and retention, compliance, finance, company culture, and more ! DUBLIN, Calif.

TriNet Celebrates National Small Business Week with Five Days of Virtual Events for Entrepreneurs and SMBs

TriNet's investments in growth appear to be paying off, with the company reporting robust new sales and retention throughout 2023. WSE growth is the most important metric to track for TriNet, and it appears to be on the verge of expanding. TriNet's acquisition of Zenefits appears to be driving customer growth.

TriNet: Potential Revenue Growth Inflection In 2024

DUBLIN, Calif. , April 5, 2024 /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, 2024 before U.S. market hours on Friday, April 26, 2024.

TriNet to Report First Quarter 2024 Financial Results on April 26

DUBLIN, Calif. , March 26, 2024 /PRNewswire/ --  WHAT: Closing Bell Ceremony and Tenth Anniversary Celebration TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), will ring the closing bell at the New York Stock Exchange on March 27.

TriNet to Celebrate Ten Years as Public Company with Ringing of Closing Bell at the New York Stock Exchange on March 27

NEW YORK , March 4, 2024 /PRNewswire/ -- Healthee, a healthcare tech pioneer, is thrilled to announce the successful completion of its Series A funding round, co-led by Fin Capital, Glilot Capital Partners, and Group11, with strategic partner TriNet (NYSE: TNET) also participating. Focused on enhancing care outcomes and reducing overhead for employers and employees alike, Healthee's comprehensive platform provides personalized, instant, and uncomplicated answers to coverage, treatment, and benefits questions, end-to-end Open Enrollment support, and tailored preventive care suggestions.

Healthee Secures $32M Series A Funding, Accelerating How Employees Interact With Their Healthcare

March 28, 2024 is New Ex-Dividend Date DUBLIN, Calif. , Feb. 22, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today corrected its previously announced Ex-Dividend Date to Thursday, March 28, 2024 due to the Good Friday U.S. Market Holiday on Friday, March 29, 2024.

TriNet Issues Correction to Previously Announced Ex-Dividend Date

TriNet first among 1000 US companies recognized for exceeding best practices in financial responsibility, stakeholder ratings, and social responsibility ratings. DUBLIN, Calif.

TriNet Ranked #1 in Newsweek's Excellence 1000 Index 2024

TriNet Group, Inc. (TNET) Q4 2023 Earnings Call Transcript

TriNet Group (TNET) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.11 per share a year ago.

TriNet Group (TNET) Q4 Earnings and Revenues Beat Estimates

2%  Growth in Total Revenues to $1.2 billion for the Fourth Quarter of 2023 1%  Growth in Total Revenues to $4.9 billion for Fiscal Year 2023  68% Growth in Earnings per Share and 44% Growth in Adjusted Earnings per Share for the Fourth Quarter of 2023 17%  Growth in Earnings per Share and 10% Growth in Adjusted Earnings per Share for Fiscal Year 2023 Initiating Inaugural Quarterly Dividend DUBLIN, Calif. , Feb. 15, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the fourth quarter ended December 31, 2023.

TriNet Announces Fourth Quarter, Fiscal Year 2023 Results, and Dividend Initiation

DUBLIN, Calif. , Feb. 15, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its President, Chief Executive Officer and Board Member, Burton M.

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

DUBLIN, Calif. , Feb. 1, 2024 /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 ended December 31, 2023 after U.S. market hours on Thursday, February 15, 2024.

TriNet to Report Fourth Quarter 2023 Financial Results on February 15

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DUBLIN, Calif. , Dec. 21, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has been recognized as one of America's Greatest Workplaces for Diversity by Newsweek, earning the highest rating of five stars on the list of mid-size companies nationwide.

TriNet Named One of America's Greatest Workplaces for Diversity by Newsweek

TriNet's stock has been performing well, nearly doubling since November 2022 and up 21.5% since last quarter's earnings report. Key performance indicators to watch include WSE user growth, insurance cost ratio, and growth in HRIS users and/or revenue from Zenefits acquisition. TNET is executing its KPIs, with growth in new annual contract value, improvement in retention rate, and growth in HRIS revenue during Q3.

TriNet Group: The Future Looks Bright Post Its Q3 Earnings

DUBLIN, Calif. , Dec. 19, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today introduced its redesigned website, combining the full force of its all-in-one HR capabilities into one modernized, engaging and user-friendly site.

TriNet Launches New Website That Provides Small and Medium-Size Businesses with Powerful HR Solutions

TriNet Group, Inc. provides outsourced human capital management services to organizations worldwide. TriNet Group is managing costs well and has an improved outlook from small and medium-sized business buyers. The stock has performed well and has potential for further growth, making TriNet Group, Inc. shares a Buy.

TriNet Sees Improving Outlook From Key SMB Segment

Annual rating is the Human Rights Campaign Foundation's assessment of LGBTQ+ workplace equality  DUBLIN, Calif. , Nov. 30, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs),, has received a score of 95 out of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

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