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

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