TriNet Group (TNET) Tops Q3 EPS by 2c

November 1, 2016 4:57 PM EDT

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TriNet Group (NYSE: TNET) reported Q3 EPS of $0.29, $0.02 better than the analyst estimate of $0.27. Revenue for the quarter came in at $161 million versus the consensus estimate of $152.36 million.

"Our third quarter results reflect continued progress on our strategic growth initiatives," said Burton M. Goldfield, TriNet's President and CEO. "During the quarter, we launched a new vertical product, TriNet Technology, and today we announced the availability of our fourth industry specific product, TriNet Financial Services, strengthening our ability to serve our key vertical markets. We believe we are well positioned to end the year with strong momentum."

For earnings history and earnings-related data on TriNet Group (TNET) click here.

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