Piper Jaffray Cuts Price Target on TriNet Group (TNET) to $22 Following 2Q EPS Miss
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GPM Announces Investigation of TriNet Group Inc.
August 3, 2015 9:09 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of investors of... More
TriNet Announces Second Quarter Fiscal 2015 Results
August 3, 2015 4:05 PM EDTSAN LEANDRO, Calif., Aug. 3, 2015 /PRNewswire/ --Â TriNet Group, Inc. (NYSE: TNET), a leading provider of a comprehensive human resources solution for small to medium-sized businesses, today announced financial results for the second quarter ended June 30, 2015.
Selected second quarter results include:
Total revenues increased 22% to $640.0 million, while Net Service Revenues decreased 2% to $122.0 million compared to the same period last year, due primarily to unexpected large medical claims during the quarter. Total WSEs at June 30, 2015 increased 17% from June 30, 2014, to approximately 302,000. Net loss was $1.3 million, or... More