TriNet Group (TNET) Tops Q3 EPS by 2c

TriNet Group (NYSE: TNET) reported Q3 EPS of $0.28, $0.02 better than the analyst estimate of $0.26. Revenue for the quarter came in at $127.8 million versus the consensus estimate of $125.8 million.

"Our third quarter results highlight the unique value delivered by our bundled HR solution and continued strong execution of our strategic plan," said Burton M. Goldfield, TriNet's President and CEO. "The momentum generated in the first half of the year has continued into the third quarter as our growing professional salesforce drives client adoption of our solutions across our target verticals. With a strong sales engine, disciplined operating strategy and proven solution offering, we believe we're well positioned to drive robust returns in a large, underpenetrated market of small and medium-sized businesses facing increasing HR complexities."

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

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