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TriNet Group Inc - TNET STOCK NEWS

Welcome to our dedicated news page for TriNet Group (Ticker: TNET), a resource for investors and traders seeking the latest updates and insights on TriNet Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TriNet Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TriNet Group's position in the market.

Rhea-AI Summary
TriNet Group, Inc. (NYSE: TNET) announces first quarter 2024 results with a 1% growth in total revenues to $1.3 billion, 4% growth in professional service revenues to $214 million, net income per diluted share of $1.78, and adjusted net income per diluted share of $2.16. The company's adjusted EBITDA was $180 million, with average WSEs increasing by 6% to approximately 348,000. TriNet's CEO, Mike Simonds, expressed optimism about the company's performance and highlighted strong cash flows and growth opportunities amid challenging economic conditions.
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TriNet celebrates National Small Business Week with a virtual event featuring daily sessions on AI, hiring, compliance, finance, and more. The event aims to support small businesses with tailored strategies and thought leadership.
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End-of-Day
1.82%
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Rhea-AI Summary
TriNet (TNET) to Release Q1 2024 Financial Results on April 26, 2024
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1.09%
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conferences earnings
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TriNet (TNET) marks its tenth anniversary as a publicly listed company with a closing bell ceremony at the New York Stock Exchange.
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0.46%
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TriNet to Host Live Panel Discussion and Pitch Competition on AI in HR and Benefits Innovation
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0.59%
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AI
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Healthee, a healthcare tech pioneer, secures $32M in Series A funding led by Fin Capital, Glilot Capital Partners, and Group11, with TriNet as a strategic partner. The funding will support operations scaling, product development, and expansion, emphasizing AI-driven healthcare solutions. Key investors highlight Healthee's impact on employee wellbeing and healthcare cost management, aiming to revolutionize the U.S. healthcare delivery landscape.
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-0.34%
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TriNet (TNET) adjusts Ex-Dividend Date to March 28, 2024, due to Good Friday U.S. Market Holiday. Dividend Record Date remains April 1, 2024, with Payment Date on April 22, 2024.
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3.02%
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dividends
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TriNet (TNET) tops the Newsweek Excellence 1000 Index 2024, recognized for financial responsibility and social impact.
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-3.1%
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Rhea-AI Summary
TriNet Group, Inc. (TNET) reports a 2% growth in total revenues to $1.2 billion for the fourth quarter of 2023 and a 1% growth in total revenues to $4.9 billion for fiscal year 2023. There was a 68% growth in earnings per share and a 44% growth in adjusted earnings per share for the fourth quarter of 2023, with a 17% growth in earnings per share and a 10% growth in adjusted earnings per share for fiscal year 2023. The company initiated an inaugural quarterly dividend. The leadership change was announced as Burton M. Goldfield retires, with Mike Simonds taking over as President & CEO.
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End-of-Day
8.39%
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dividends earnings
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TriNet announces the retirement of President and CEO Burton M. Goldfield, appoints Mike Simonds as the new President and CEO, and discusses financial results for 2023.
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8.39%
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management
TriNet Group Inc

NYSE:TNET

TNET Rankings

TNET Stock Data

6.48B
27.86M
2.2%
97.44%
1.92%
Human Resources Consulting Services
Professional, Scientific, and Technical Services
Link
US
Dublin

About TNET

trinet provides hr solutions to small to mid-sized businesses so you can focus on what your company does best. our bundled hr products, trinet cloud applications and strategic services simplify your hr. tailored by industry, trinet's bundled hr products cover the core services of payroll, benefits, risk & compliance, an hr team and a cloud platform. trinet partners with more than 12,000 clients (as of 09/30/15) in a variety of industries. we managed more than $25 billion in payroll and payroll taxes in 2014.