TriNet Group

TriNet Group, Inc. provides human resources solutions including industry solutions to small and mid sized businesses. Its services include payroll processing tax administration, employee benefits and a human resource technology platform with online and mobile tools and also employee onboarding and termination, compensation reporting, expense management, and benefits enrollment and administration. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

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TriNet Group posts strong earnings, eyes growth through acquisitions

TriNet Group reported strong financial performance in Q4 2022 and full year, driven by differentiated solutions and vertical market focus.
Despite challenges in WSE growth and pricing changes impacting utilization, the company remains confident in its growth prospects and profitability.
Opportunities lie in share repurchase plans, sales team expansion, margin improvement, and investments in customer experience and digital transformation.
TriNet's strengths in sales productivity, regional performance, and customer retention, along with its unique market positioning, support its positive outlook for future growth.
Overall, TriNet's performance, strengths, challenges, and opportunities position the company well for continued success and market expansion in 2023 and beyond.

TriNet Group surpasses Q1 guidance, eyes growth opportunities ahead

TriNet Group showcased strong financial performance, exceeding earnings guidance.
The company's focus on customer retention and new sales growth is driving positive results.
Improved earnings guidance and strategic initiatives position TriNet well for future growth.

TriNet Group exceeds Q2 expectations, eyes growth amid revenue challenges

TriNet Group delivered strong financial performance in Q2 2023, driven by robust ACV growth and strategic sales initiatives.
While facing challenges in revenue growth and uncertainties in CIE trends, the company remains optimistic about future prospects.
With a focus on enhancing customer targeting, capital return strategies, and platform performance, TriNet is poised for sustainable growth.

TriNet Group (TNET) reports strong Q3 performance and outlines growth strategies

TriNet Group showcased robust financial performance in Q3 despite revenue decline, emphasizing sales growth and customer well-being. The company faces challenges in revenue generation and cost management but sees opportunities in strategic shifts and future growth prospects.

TriNet Group reports robust Q4 performance, appoints new CEO

TriNet Group's Q4 2023 earnings call showcased strong financial performance, strategic leadership changes with a new CEO, and a clear focus on customer satisfaction and growth opportunities. While facing challenges related to economic and healthcare trends, the company is well-positioned to leverage its strengths in platform scalability and service offerings to drive continued success in 2024.

TriNet Group reports solid Q1 performance amidst economic challenges

TriNet Group's Q1 2024 performance showcased revenue growth, strong sales momentum, and effective expense management strategies.
Despite economic challenges impacting customers, the company is focused on driving retention, expanding distribution, and leveraging technology for operational efficiency.
Anticipated demand increase in the long term due to healthcare cost inflation presents growth opportunities and value for shareholders.

TriNet Group reports strong Q2 performance amidst market challenges

TriNet Group's Q2 2024 performance showcased resilience and growth, with solid financial results and a focus on customer satisfaction.
While facing challenges like slower net hiring, the company's emphasis on expense management and sales productivity positions it well for future success.
By capitalizing on opportunities for innovation and customer service enhancement, TriNet can navigate market challenges and drive sustained growth.

TriNet Group addresses cost challenges, forecasts strong customer retention

TriNet Group navigated challenges from increased healthcare costs by taking strategic actions and focusing on customer value.
Despite challenges, the company showed strengths in revenue growth, client retention, and commitment to sustainable growth.
Opportunities for growth include sales expansion, competitive strategies, and continued focus on efficiency.

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TriNet Group, Inc. engages in the provision of comprehensive human resources solutions for small and medium-size businesses. The firm also offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development tax credit services. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

DUBLIN, Calif. , Nov. 6, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M.

TriNet to Participate at Upcoming Investor Conferences

TriNet (TNET) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging -12.24% in 4 Weeks, Here's Why the Trend Might Reverse for TriNet (TNET)

TriNet Group, Inc. (NYSE:TNET ) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Alex Bauer – Head-Investor Relations Burton M. Goldfield – Chief Executive Officer Kelly Tuminelli – Chief Financial Officer Conference Call Participants Tien-Tsin Huang – JPMorgan Kyle Peterson – Needham Andrew Nicholas – William Blair Jared Levine – TD Cowen Operator Good afternoon and welcome to the TriNet Third Quarter 2023 Earnings Conference Call.

TriNet Group, Inc. (TNET) Q3 2023 Earnings Call Transcript

TriNet Group (TNET) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.64 per share a year ago.

TriNet Group (TNET) Surpasses Q3 Earnings and Revenue Estimates

Total Revenues of $1.2 billion Sequential growth in Ending WSEs of 1% Net Income per Diluted Share of $1.63 and Adjusted Net Income per Diluted Share of $1.91 DUBLIN, Calif. , Oct. 25, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the third quarter ended September 30, 2023.

TriNet Announces Third Quarter 2023 Results

DUBLIN, Calif. , Oct. 19, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that NAACP Empowerment Programs, a nonprofit division within the nation's oldest and largest civil rights organization, is the latest recipient of a TriNet Foundation donation by way of the NAACP Powershift Grants from Daymond John's Black Entrepreneurs Day event.

TriNet Announces Donation to NAACP Supporting Black Business Owners and Entrepreneurs

DUBLIN, Calif. , Oct. 11, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the third quarter ended September 30, 2023 after U.S. market hours on Wednesday, October 25, 2023.

TriNet to Report Third Quarter 2023 Financial Results on October 25

LAS VEGAS , Oct. 10, 2023 /PRNewswire/ -- Today at the HR Technology Conference & Exposition 2023, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced a collaboration with Healthee, an industry leader in AI-powered digital solutions that enhance the health and wellness experience. TriNet's partnership with Healthee will provide TriNet customers with exclusive access to Healthee's market leading solutions delivered directly to TriNet's customers.

TriNet Introduces New Personalized Benefits Experience Through Collaboration with Healthee

DUBLIN, Calif. , Sept. 28, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Kelly Tuminelli, TriNet's CFO, will be presenting at Deutsche Bank's 31st Annual Leveraged Finance Conference in Phoenix, AZ on Tuesday October 3, 2023 at 4:15pm PT (7:15pm ET).

TriNet to Participate at Deutsche Bank's 31st Annual Leveraged Finance Conference

BROOKLYN, N.Y. , Sept. 12, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced product enhancements and strategic partnerships created to adapt to the evolving needs of its customers in an increasingly distributed and agile business environment.

TriNet Announces New Products and Partnerships Including Solutions for the Global Workforce and Independent Contractors

"There is no Better Time in History to Start a Business," Says TriNet President & CEO BROOKLYN, N.Y. , Sept. 12, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced that TriNet President and CEO Burton M.

TriNet President and Chief Executive Officer Burton M. Goldfield to Discuss Current State of Small and Medium-Size Businesses at TriNet PeopleForce 2023

DUBLIN, Calif. , Sept. 6, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced additional speakers for TriNet PeopleForce 2023 including several TriNet customers that were featured in its latest People Matter advertising campaign, Talkspace CEO Jon Cohen M.D.

TriNet Announces Additional Speakers for TriNet PeopleForce 2023 Including Six TriNet Customers More Too Life, JOAN Creative, Happiest Baby, Zap Surgical Systems, Mission Asset Fund, and Talkspace

DUBLIN, Calif. , Aug. 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the final results of its fixed price tender offer (the "Tender Offer") to repurchase for cash up to 5,981,308 shares of its common stock (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest, using a combination of cash on hand and the net proceeds of the private offering by the Company of $400 million in aggregate principal amount of its 7.125% senior notes due 2031, which was completed on August 16, 2023.

TriNet Group, Inc. Announces Final Results of its Fixed Price Tender Offer

Does TriNet Group (TNET) have what it takes to be a top stock pick for momentum investors? Let's find out.

TriNet Group (TNET) Is Up 0.68% in One Week: What You Should Know

DUBLIN, Calif. , Aug. 29, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the preliminary results of its fixed price tender offer (the "Tender Offer") to repurchase for cash up to 5,981,308 shares of its common stock (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest, using a combination of cash on hand and the net proceeds of the private offering by the Company of $400 million in aggregate principal amount of its 7.125% senior notes due 2031, which was completed on August 16, 2023.

TriNet Group, Inc. Announces Preliminary Results of its Fixed Price Tender Offer

DUBLIN, Calif. , Aug. 24, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the addition of Administrator Isabella Casillas Guzman of the U.S. Small Business Administration as a speaker at TriNet PeopleForce 2023.

U.S. Small Business Administrator Isabella Casillas Guzman to Speak at TriNet PeopleForce 2023

Harvard Business School Senior Lecturer David Edelman and Uncle Nearest Founder & CEO Fawn Weaver Also to Present at Fourth Annual Award-Winning Conference DUBLIN, Calif. , Aug. 17, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the addition of four speakers for TriNet PeopleForce 2023, including award-winning actress and humanitarian Ashley Judd, entrepreneur Ryan Reynolds, business expert David Edelman, and founder Fawn Weaver.

TriNet Announces Speakers for TriNet PeopleForce 2023 Including Multi-Faceted Entrepreneur Ryan Reynolds and Global Humanitarian Ashley Judd

DUBLIN, Calif. , Aug. 2, 2023 /PRNewswire/ -- TriNet Group, Inc. ("TriNet") (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced today that it has priced $400 million in aggregate principal amount of its 7.125% senior notes due 2031 (the "notes") in a private offering (the "offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

TriNet Announces Pricing of Private Offering of $400 Million of Senior Notes due 2031

DUBLIN, Calif. , Aug. 1, 2023 /PRNewswire/ -- TriNet Group, Inc. ("TriNet") (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced today that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of its senior notes due 2031 (the "notes") in a private offering (the "offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

TriNet Announces Proposed Private Offering of $500 Million of Senior Notes due 2031

DUBLIN, Calif. , Aug. 1, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet" or the "Company") announced today that it has commenced a fixed price tender offer (the "Tender Offer") to repurchase for cash up to 5,981,308 shares (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest.

TriNet Group, Inc. Commences a Fixed Price Tender Offer to Repurchase up to 5,981,308 Shares (Representing Approximately $640 million in Value of Shares)

NEW YORK , July 31, 2023 /PRNewswire/ -- Julie & Holleman LLP, a law firm dedicated to representing shareholders, is investigating potential breaches of fiduciary duty claims involving the board of directors of TriNet Group, Inc. (NYSE: TNET) related to the proposed $1 billion tender offer and share repurchase announced earlier today. If you are a TriNet shareholder and would like information regarding our investigation, free of charge, please click here or visit us at: https://julieholleman.com/?p=3101 You may also contact partner W.

TNET SHAREHOLDER ALERT: Julie & Holleman LLP Is Investigating TriNet Group, Inc. for Potential Breaches of Fiduciary Duty

DUBLIN, Calif. , July 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced its plan to launch a fixed price tender offer (the "Tender Offer") to repurchase approximately $640 million in value of shares of TriNet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on August 1, 2023.

TriNet Group, Inc. Announces Intention to Launch a Combined $1 Billion Fixed Price Tender Offer and Repurchase from Atairos, each at a Price of $107 Per Share of Common Stock

TriNet Group, Inc. (NYSE:TNET ) Q2 2023 Earnings Conference Call July 26, 2023 5:00 PM ET Company Participants Alex Bauer - Head, Investor Relations Burton M. Goldfield - Chief Executive Officer Kelly Tuminelli - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Andrew Nicholas - William Blair Jared Levine - TD Cowen Kyle Peterson - Needham Operator Good afternoon.

TriNet Group, Inc. (TNET) Q2 2023 Earnings Call Transcript

TriNet Group (TNET) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.72 per share a year ago.

TriNet Group (TNET) Q2 Earnings and Revenues Top Estimates

Total Revenues of $1.2 billion up 1% year-over-year Net Income per Diluted Share of $1.38 and Adjusted Net Income per Diluted Share of $1.74 TriNet Stock Repurchase Program Increased by $1 billion up to $1.4 billion DUBLIN, Calif. , July 26, 2023 /PRNewswire/ -- TriNet Group, Inc.  (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced financial results for the second quarter ended June 30, 2023.

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