TriNet Group (TNET) Tops Q4 EPS by 2c
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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