TriNet Group (TNET) Tops Q1 EPS by 2c
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TriNet Announces First Quarter, Fiscal 2016 Results
May 2, 2016 4:15 PM EDTSAN LEANDRO, Calif., May 2, 2016 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of a comprehensive human resources solution for small to midsize businesses, today announced financial results for the first quarter ended March 31, 2016.
First quarter highlights include:
Total revenues increased 17% to $732.9 million, while Net Service Revenues increased 15% to $163.3 million, each as compared to the same period last year. Total WSEs at March 31, 2016 increased 12% from March 31, 2015, to approximately 324,000. Net income was $11.6 million, or $0.16 per diluted share,... More