TriNet Group (TNET) Tops Q1 EPS by 2c

TriNet Group (NYSE: TNET) reported Q1 EPS of $0.27, $0.02 better than the analyst estimate of $0.25. Revenue for the quarter came in at $163.3 million versus the consensus estimate of $149.83 million.

"We delivered solid financial and operating results in the first quarter driven by the strong value proposition of our differentiated bundled vertical product offering," said Burton M. Goldfield, TriNet's President and CEO. "The fundamentals of our business remain strong as evidenced by our profitable growth. We are on track during 2016 to introduce additional products, tailored to industry specific needs, and enhancements to our technology platform. These initiatives will build upon our strong start to the year."

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

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