TriNet Group (TNET) Misses Q4 EPS by 4c; CFO to Leave, $300M Buyback

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TriNet Announces Fourth Quarter, Fiscal Year 2019 Results, $300 Million Increase to Stock Repurchase Program and CFO Transition

February 13, 2020 4:20 PM EST

DUBLIN, Calif., Feb. 13, 2020 /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 fourth quarter and fiscal year ended December 31, 2019. The fourth quarter and fiscal year highlights below include non-GAAP financial measures which are reconciled later in this release.

Fourth quarter highlights include:

Total revenues increased 11% to $1.0 billion... More