TriNet Group (TNET) Tops Q4 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
TriNet Reports Fourth Quarter & Fiscal Year 2016 Results
February 28, 2017 4:15 PM ESTSAN LEANDRO, Calif., Feb. 28, 2017 /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 fourth quarter and year ended December 31, 2016.
Fourth quarter highlights include:
Total revenues increased 12% to $811.1 million and Net Service Revenues increased 16% to $173.1 million, each as compared to the same period last year. Total WSEs at December 31, 2016 increased 4% from December 31, 2015, to approximately 338,000. Net income was $23.0 million, or $0.32 per diluted share, compared to net income of $14.1 million, or $0.20 per diluted share, in the... More