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TriNet Group Inc (TNET) delivers human resources solutions to small and midsize businesses through its professional employer organization model. This page serves as the definitive source for TriNet-related news, providing investors and industry professionals with timely updates on corporate developments.
Access curated press releases and analysis covering earnings reports, strategic partnerships, regulatory compliance updates, and technology enhancements to TriNet's HR platforms. Our collection enables stakeholders to monitor operational milestones and market positioning without promotional bias.
All content is organized for quick scanning and updated as new information becomes available. Bookmark this page to maintain awareness of TriNet's evolving service offerings, financial performance, and leadership in the PEO sector.
TriNet (NYSE: TNET) reported Q1 2025 financial results with total revenues increasing 1% to $1.3 billion. The company experienced a slight decline in key metrics, with net income at $85 million ($1.71 per diluted share) compared to $91 million ($1.78) last year.
Professional service revenues decreased 2% to $209 million, while Average WSEs dropped 2% to 341,000. Adjusted EBITDA was $162 million with a 12.6% margin, down from $180 million and 14.2% margin in the previous year. The company returned $102 million to shareholders through share repurchases and dividends, including 1.2 million repurchased shares.
TriNet reiterated its full-year 2025 guidance, projecting total revenues between $4.95-5.14 billion, with an expected Adjusted EBITDA margin of 7-9% and diluted EPS ranging from $1.90 to $3.40.
TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has scheduled its first quarter 2025 financial results announcement for April 25, 2025, before U.S. market hours.
The company will host a conference call at 5:30 a.m. PT (8:30 a.m. ET) on the same day to discuss the results. Investors can access the live webcast through TriNet's Investor Relations website at investor.trinet.com. Pre-registration options are available for both the webcast and conference call, with the latter offering a unique PIN for instant access. Those who don't pre-register can join by dialing +1 877 328 5510.
TriNet (NYSE: TNET), a leading provider of HR solutions for SMBs, has announced a quarterly dividend payment. The company's Board of Directors has approved a dividend of $0.275 per share of common stock.
Key dates for shareholders:
- Record date: April 1, 2025
- Ex-dividend date: April 1, 2025
- Payout date: April 28, 2025
TriNet has announced plans to establish a new corporate center in Dunwoody, Georgia, creating 750 new jobs over the next five years with a $15.4 million investment in DeKalb County. The company will occupy a 150,000-square-foot space and immediately begin hiring for technology, HR consulting, client management, and sales positions.
The expansion aims to grow TriNet's regional Atlanta and Southeast customer base. The company, which provides HR solutions and benefits for small and medium-sized businesses (SMBs), selected the location for its access to talent from metro Atlanta's universities and the thriving small business ecosystem.
TriNet (NYSE: TNET) has completed the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech. The transaction, announced on March 6, 2025, transfers Clarus R+D's tax team, service model, and proprietary R&D tax credit software for SMBs to Arvo Tech's portfolio.
This strategic divestment aligns with TriNet's goal to concentrate on high-value HR Solutions in the SMB market. To ensure service continuity, TriNet customers will maintain access to R&D tax credit solutions through a five-year agreement with Arvo Tech. The financial terms of the deal were not disclosed.
The acquisition enhances Arvo Tech's market position in tax credit solutions, while allowing the Clarus business to operate within an organization specifically focused on tax solutions and credit portfolio management.
TriNet (NYSE: TNET) reported its Q4 and full-year 2024 results, showing modest growth with total revenues increasing 1% to $1.3B in Q4 and $5.1B for the full year. The company experienced a Q4 net loss of $23M ($0.46 per diluted share), compared to net income of $67M in the same period last year.
Key highlights include record worksite employee (WSE) retention in 2024, with average WSEs increasing 5% to 355,000 in Q4. The company returned over $200M to shareholders through share repurchases and dividends. For 2025, TriNet projects total revenues between $4.9B-$5.1B and adjusted EBITDA margin of 7-9%.
The company's medium-term outlook targets 4-6% revenue growth, 10-11% adjusted EBITDA margin, and 12-14% growth in adjusted net income per share.
TriNet (NYSE: TNET), a leading provider of HR solutions for SMBs, has announced it will release its fourth quarter and full-year 2024 financial results along with its Mid-Term Strategy & Outlook before U.S. market hours on February 13, 2025.
The company will host a conference call from 5:30 a.m. to 6:45 a.m. PT (8:30 a.m. to 9:45 a.m. ET) to discuss these results and strategic outlook. Investors can access the live webcast through TriNet's Investor Relations website. Pre-registration options are available for both the webcast and conference call, with dial-in access also provided for those who don't pre-register.
TriNet (NYSE: TNET) has launched an enhanced HR Plus offering, an Administrative Services Organization (ASO) solution that combines advanced technology with expert support for small and medium-size businesses. The enhanced service includes multiple management levels:
- HR Manager: Dedicated team for HR, payroll, and compliance tasks
- Payroll Manager: Certified professionals for payroll administration
- Payroll Tax Compliance Manager: Experts for tax account management
- HR Advisory: Access to HR and payroll experts
Additional features include an enhanced payroll solution, a curated marketplace with preferred pricing, and a learning management system with optional premium content offering over 1,000 courses for employee development.
TriNet (NYSE: TNET), a provider of HR solutions for SMBs, has announced that its Board of Directors has approved a quarterly dividend of $0.25 per share of common stock. The dividend comes with key dates for shareholders: both the record date and ex-dividend date are set for January 2, 2025, while the payout date is scheduled for January 27, 2025.
TriNet (NYSE: TNET) has released its fourth annual Environmental, Social and Governance (ESG) report for 2024, highlighting the company's commitment to sustainability, workplace diversity, and corporate governance. Key initiatives include updating environmental policies, expanding global workforce solutions, and improving corporate social responsibility programs. The company achieved a 95 out of 100 rating in the Human Rights Campaign's Corporate Equality Index, up from 75 previously. TriNet has also enhanced its Inclusion, Diversity, Equity and Accessibility (IDEA) program and implemented new business practice policies including Anti-Money Laundering and Anti-Corruption measures.
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