TriNet Reports Fourth Quarter, Fiscal Year 2018 Results & $300 Million Increase to Stock Repurchase Program

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Go back to TriNet Reports Fourth Quarter, Fiscal Year 2018 Results & $300 Million Increase to Stock Repurchase Program

TriNet Group (TNET) Tops Q4 EPS by 7c, Revenues Beat; Boosts Share Buyback by $300M

February 14, 2019 4:35 PM EST

TriNet Group (NYSE: TNET) reported Q4 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $225 million versus the consensus estimate of $212.87 million.

Fourth quarter highlights include:Total revenues increased 8% to $917 million and Net Service Revenues increased 10% to $225 million, each as compared to the same period last year.Net income was $29 million, or $0.40 per diluted share,... More