TriNet Group (TNET) Tops Q3 EPS by 2c

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Go back to TriNet Group (TNET) Tops Q3 EPS by 2c

TriNet Announces Third Quarter Fiscal 2016 Results

November 1, 2016 4:22 PM EDT

SAN LEANDRO, Calif., Nov. 1, 2016 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small to midsize businesses, today announced financial results for the third quarter ended September 30, 2016.

Third quarter highlights include:

Total revenues increased 15% to $770.5 million, while Net Service Revenues increased 21% to $161.0 million, each as compared to the same period last year. Total WSEs at September 30, 2016 increased 6% from September 30, 2015, to approximately 334,000. Net income was $14.6 million, or $0.20 per diluted share, compared to... More