TriNet Group (TNET) Tops Q2 EPS by 25c

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Go back to TriNet Group (TNET) Tops Q2 EPS by 25c

TriNet Announces Second Quarter 2017 Results

July 31, 2017 4:15 PM EDT

SAN LEANDRO, Calif., July 31, 2017 /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 second quarter ended June 30, 2017.

Second quarter highlights include:

GAAP Total revenues increased 7% to $800.5 million, while Net Service Revenues increased 35% to $201.0 million, each as compared to the same period last year. Total WSEs at June 30, 2017 increased 1% from June 30, 2016, to approximately 329,000. Average WSEs was flat at approximately 324,000 as compared to the same period last year. GAAP Net income was $40.0 million, or $0.56... More