TriNet Group (TNET) Tops Q3 EPS by 19c, Revenues Beat

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Go back to TriNet Group (TNET) Tops Q3 EPS by 19c, Revenues Beat

TriNet Announces Third Quarter 2018 Results

October 29, 2018 4:20 PM EDT

DUBLIN, Calif., Oct. 29, 2018 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of full-service HR solutions for small and medium size businesses (SMBs), today announced financial results for the third quarter ended September 30, 2018. The highlights below include non-GAAP financial measures which are reconciled later in this release. 

Third quarter highlights include:

GAAP Total revenues increased 7% to $875 million while Net Service Revenues increased 11% to $228 million, each as compared to the same period last year. Net income was $51 million, or $0.71 per diluted share, compared to net income... More