Trinet Group Inc  (TNET)
Other Ticker:  
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
Price: $127.6000 $-0.41 -0.320%
Day's High: $129.3367 Week Perf: -1.47 %
Day's Low: $ 126.03 30 Day Perf: 12.23 %
Volume (M): 254 52 Wk High: $ 132.62
Volume (M$): $ 32,410 52 Wk Avg: $104.07
Open: $127.84 52 Wk Low: $73.86

 Market Capitalization (Millions $) 7,294
 Shares Outstanding (Millions) 57
 Employees 3,600
 Revenues (TTM) (Millions $) 4,922
 Net Income (TTM) (Millions $) 375
 Cash Flow (TTM) (Millions $) -71
 Capital Exp. (TTM) (Millions $) 75

Trinet Group Inc
Trinet Group Inc is a California-based company that provides human resources solutions for small and medium-sized businesses. The company was founded in 1988 and has since grown to become a leading provider of HR services in the United States.

Trinet offers a comprehensive suite of HR services that includes payroll processing, benefits administration, risk management, and regulatory compliance. They also provide guidance on hiring, termination, and other HR-related issues. The company has a network of more than 20,000 clients across various industries, including technology, healthcare, and hospitality.

One of Trinet's key strengths is their technology platform, which is designed to streamline and automate HR processes. This platform includes a self-service portal for employees and managers, as well as tools for time and attendance tracking, performance management, and more. Trinet also offers mobile apps for both iOS and Android, allowing employees to access HR information on the go.

Another area in which Trinet excels is compliance. They have a team of experts who stay up-to-date on the latest regulations and laws related to HR, and they proactively work with clients to ensure compliance. This includes handling payroll taxes, workers' compensation insurance, and other legal requirements.

Trinet has received numerous accolades for their HR services. In 2021, they were named one of the "Best Places to Work" by the San Francisco Business Times for the ninth year in a row. They have also been recognized by Inc. Magazine as one of the fastest-growing private companies in America.

Overall, Trinet Group Inc is a well-respected and reliable provider of HR solutions for businesses of all sizes. With a focus on technology, compliance, and customer service, they offer a comprehensive suite of HR services designed to help businesses succeed.

   Company Address: One Park Place, Dublin, 94568 CA
   Company Phone Number: 352-5000   Stock Exchange / Ticker: NYSE TNET


Stock Performances by Major Competitors

5 Days Decrease / Increase
• View Complete Report

Trinet Group Inc

Trinet Group Inc Smashes Revenue Expectations, Achieving Striking Growth in the October-December Quarter of 2023

TriNet, a leading provider of human resources solutions for small and medium-sized businesses (SMBs), has undergone significant changes with the retirement of its President, Chief Executive Officer, and Board Member, Burton M. Goldfield. In an unexpected move, Goldfield will be stepping down from his position, although the company has not provided specific reasons for his retirement. TriNet acknowledges Goldfield's invaluable contributions to its growth and success during his tenure.
It is important to evaluate these leadership changes in the context of TriNet's financial results. In the October to December 31, 2023 period, the company achieved remarkable profitability despite slow revenue growth. Income per share surged by an impressive 76.1% to $1.31 per share, while revenue saw a modest increase of 1.55% to $1.25 billion compared to the same reporting period in the previous year. Despite these positive figures, it is worth noting that TriNet's revenue growth was overshadowed by a growth rate of 17.70% reported by nearly all companies in the Professional Services sector during the fourth quarter of 2022.

Personnel Announcements

TriNet's CEO Burton M. Goldfield to Retire; Mike Simonds Assumes Leadership as President and CEO

Published Thu, Feb 15 2024 9:15 PM UTC

TriNet, a prominent provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has recently shared the news of the retirement of its President, Chief Executive Officer, and Board Member, Burton M. Goldfield. Additionally, the company has announced the appointment of Mike Simonds as the new President and CEO.
1. B...

Trinet Group Inc

Trinet Group Inc Surprises Investors with an Impressive 33.61% Surge in Earnings per Share, Defying Market Expectations

Trinet Group Inc, a leading player in the Professional Services industry, recently released their financial results for the period ending September 30, 2023. Despite experiencing a decline in revenue, the company managed to achieve impressive growth in earnings per share (EPS) and profit per share. This article aims to analyze the financial results and discuss the implications for Trinet Group Inc moving forward.
Revenue Decline and Increased Profitability:
In the third quarter of 2023, Trinet Group Inc faced a slight setback with a 1.531% drop in revenue to $1.22 billion compared to the previous year. However, the company successfully improved its EPS and profit per share, which surged by an impressive 33.61% to $1.63 per share. This remarkable increase indicates exceptional operational efficiency and cost management.

Trinet Group Inc

Trinet Group Inc Records Modest Rise in Revenue and Profits for Q2 2023

Trinet Group Inc, a leading provider of comprehensive human resources solutions, recently released its financial report for the second quarter of 2023. The report indicated a moderate increase in revenue and a slight growth in income compared to the previous year.
According to the report, the company's revenue rose by 0.75% to $1.21 billion in the second quarter of 2023. While this is a positive development, it is important to note that the revenue decreased by -2.97% compared to the previous period. Despite the decrease, the year-on-year growth in revenue is a positive sign for the company.


Trinet Group Inc's Segments
• View Complete Report
  Company Estimates  
  Revenue Outlook
Trinet Group Inc does not provide revenue guidance.

Earnings Outlook
Trinet Group Inc does not provide earnings estimates.

Geographic Revenue Dispersion


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com