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.

Total Revenues of $1.2 billion up 1% year-over-year Net Income per Diluted Share of $1.38 and Adjusted Net Income per Diluted Share of $1.74 TriNet Stock Repurchase Program Increased by $1 billion up to $1.4 billion DUBLIN, Calif. , July 26, 2023 /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 second quarter ended June 30, 2023.

TriNet Announces Second Quarter 2023 Results

Harvard University's Pamela Rucker Hosts Series  Now Available on TriNet RISE DUBLIN, Calif. , June 29, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the launch of its new interview series "Leading with Passion" hosted by Pamela Rucker , Instructor of Professional Development Programs at Harvard University.

CEOs & Prominent SMB Entrepreneurs Share Their Inspirational Stories in New TriNet Original Series "Leading with Passion"

DUBLIN, Calif. , June 22, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced a new partnership with the National Association of Women Business Owners (NAWBO) that will feature collaborative thought leadership, outreach resources, and educational support through the NAWBO Institute for Entrepreneurial Development.

TriNet Underscores Commitment to its CSR Program and Announces Partnership with the National Association of Women Business Owners

TriNet Group, Inc. is a $5.8 billion market cap firm that offers comprehensive human capital management solutions to small and medium-sized businesses. Rising ICR and falling WSEs negatively impacted the company's bottom line profitability in Q1 FY23. Despite headwinds, TNET saw gains in customer retention and new sales, with a 3-point YoY improvement in retention and a 20% increase in new sales.

TriNet Group: Good Firm Trading With A Premium

Award-Winning Conference Theme 'People for People' DUBLIN, Calif. , June 14, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that registration is open for TriNet PeopleForce 2023.

TriNet Announces Fourth Annual TriNet PeopleForce 2023 Kicking Off September 12-14 in New York

LAS VEGAS , June 12, 2023 /PRNewswire/ -- Today at the SHRM (Society for Human Resource Management) Annual Conference and Expo 2023, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced a series of enhancements to its platform, created to adapt to the ever-changing needs of its customers in today's business environment. Available now is redesigned workforce analytics, and 24-7 support on TriNet Mobile will be added at the end of the month.

TriNet Launching Platform Enhancements to Meet Increased Complexities of Running a Small and Medium-Size Business

TriNet (TNET) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

TriNet (TNET) Surges 9.8%: Is This an Indication of Further Gains?

TriNet (TNET) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

TriNet Group, Inc. (TNET) Hit a 52 Week High, Can the Run Continue?

Honored With Three Golds, Three Silvers, and Two Bronze Awards DUBLIN, Calif. , May 31, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its received eight prestigious Telly awards, including three golds, for its People Matter campaign.

TriNet Wins Eight Telly Awards for its 'People Matter' Campaign

DUBLIN, Calif. , May 18, 2023 /PRNewswire/ -- WHAT: PEO Edge Virtual Summit As part of National PEO Week, TriNet will present the PEO Edge Virtual Summit, a series of discussions and interviews by TriNet thought leaders and business experts who understand the unique challenges of running SMBs.

TriNet to Host Virtual Summit with SMB Experts on May 25 During National PEO Week

DUBLIN, Calif. , May 17, 2023 /PRNewswire/ -- WHAT:      The podcast series takes a fresh look at the entrepreneurial journey of dynamic business leaders as they share their stories along with insights on today's business trends.

TriNet Debuts New Episode of TriNet PeopleForce Podcast with Michael Mendenhall Featuring Dr. Brook Parker-Bello, More Too Life Founder and CEO

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TriNet Group, Inc. (TNET) Soars to 52-Week High, Time to Cash Out?

DUBLIN, Calif. , April 28, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it has won four Stevie® Awards from the 21st Annual American Business Awards® (ABA).

TriNet Wins Four Stevie Awards for TriNet PeopleForce 2022

TriNet Group (TNET) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $2.55 per share a year ago.

TriNet Group (TNET) Surpasses Q1 Earnings and Revenue Estimates

TriNet Group, Inc. (TNET) Q1 2023 Earnings Call Transcript.

TriNet Group, Inc. (TNET) Q1 2023 Earnings Call Transcript

6%  Growth in Professional Service Revenues to $205 million 2%  Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 DUBLIN, Calif. , April 26, 2023 /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 first quarter ended March 31, 2023.

TriNet Announces First Quarter 2023 Results

DUBLIN, Calif. , April 19, 2023 /PRNewswire/ --  WHAT: TriNet's Second Annual Small Business Week Virtual Summit TriNet's Small Business Week Summit will feature a curated series of discussions and interviews with thought leaders and experts who understand the unique challenges of running SMBs.

TriNet to Host Second Annual Small Business Week Summit May 1-4

TriNet Redefining Itself as It - GuruFocus.

TriNet Redefining Itself as It Expands

DUBLIN, Calif. , April 12, 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 first quarter ended March 31, 2023 after U.S. market hours on Wednesday, April 26, 2023.

TriNet to Report First Quarter 2023 Financial Results on April 26

NEW YORK , April 4, 2023 /PRNewswire/ -- At its new identity unveiling in New York City today, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), revealed how its new identity reflects its expanded business strategy which includes its human resources information system (HRIS), Enrich™ product line and R&D tax credit services. This new identity underscores TriNet's commitment to the growth and innovation of SMBs and the people behind them.

Burton M. Goldfield, TriNet President & CEO, Spoke at TriNet's New Brand Identity Unveiling

Company Also Announces Launch of New People Matter Advertising Campaign Featuring Creative Work by Iconic Photographer Annie Leibovitz, Award-Winning Documentarian Galen Summer, and Distinguished Film and Commercial Director Andrew De Zen DUBLIN, Calif. , April 3, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the unveiling of its new identity that reflects its expanded business strategy which includes its human resources information system (HRIS), Enrich™ product line and R&D tax credit services.

TriNet Unveils New Identity that Underscores Position as the Ideal Platform for Small and Medium-Size Businesses

DUBLIN, Calif. , March 24, 2023 /PRNewswire/ -- WHAT: TriNet Webinar: Weathering the Storm – Critical Considerations for SMBs to Navigate the Current Banking Crisis As businesses work to stay afloat through the uncharted waters of the recent banking crisis, TriNet experts are here to help small and medium-sized businesses through these stormy and uncertain times.

TriNet Webinar: Weathering the Storm--Critical Considerations for SMBs to Navigate the Current Banking Crisis

DUBLIN, Calif. , March 2, 2023 /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 Chief Financial Officer, will be presenting at the Bank of America 2023 Information and Business Services Conference in New York, NY on Thursday, March 16, 2023 at 10:45am PT (1:45pm ET).

TriNet to Participate at the Bank of America 2023 Information & Business Services Conference

The Impact of Digitalization on Growth and Innovation and Where Technology will Take Business in the Future DUBLIN, Calif. , Feb. 23, 2023 /PRNewswire/ --  WHAT: TriNet, a leading provider of comprehensive human resources for small and medium-size businesses, will be in San Francisco for PeopleForceX, an extension of its award-winning TriNet PeopleForce conference.

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