TriNet Group (TNET) PT Raised to $51 at Stifel Following 3Q Report
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TriNet Announces Third Quarter 2017 Results
November 2, 2017 4:18 PM EDTSAN LEANDRO, Calif., Nov. 2, 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 third quarter ended September 30, 2017.
Third quarter highlights include:
GAAP Total revenues increased 6% to $819.3 million, while Net Service Revenues increased 28% to $205.9 million, each as compared to the same period last year. GAAP Net income was $42.8 million, or $0.60 per diluted share, compared to net income of $14.6 million, or $0.20 per diluted share, in the same period last year.... More