TriNet Announces First Quarter 2019 Results

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TriNet Group (TNET) Tops Q1 EPS by 11c, Revenues Beat

April 29, 2019 4:31 PM EDT

TriNet Group (NYSE: TNET) reported Q1 EPS of $0.98, $0.11 better than the analyst estimate of $0.87. Revenue for the quarter came in at $934 million versus the consensus estimate of $233.67 million.

Total revenues increased 9% to $934 million and Net Service Revenues increased 14% to $251 million, each as compared to the same period last year.
Net income was $63 million, or $0.89 per diluted share,... More