Trinet Group Inc Stock Price, News & Analysis

TriNet Group (TNET) reported its Q2 2021 financial results, noting a 16% increase in total revenues to $1.1 billion compared to the same quarter last year. However, net income decreased to $91 million ($1.37 per share), down from $126 million ($1.87 per share) in Q2 2020. The company also saw a drop in Adjusted EBITDA to $154 million from $199 million. TriNet experienced a 9% increase in total Worksite Employees to about 340,000. For Q3 and full-year guidance, they expect revenue increases of 10%-17%.

TriNet announced the addition of Tina Tchen, CEO of TIME'S UP, as a speaker for its PeopleForce 2021 event from September 13-16. The conference will focus on vital topics for small and medium-sized businesses (SMBs), emphasizing diversity, equity, and inclusion in the workplace. Tchen's session on September 15 will address equitable policies and creating a supportive workplace culture. The event aims to help SMBs navigate post-COVID challenges with insights from industry leaders.

TriNet (NYSE: TNET) will announce its second-quarter financial results for the period ending June 30, 2021, after U.S. market hours on July 26, 2021. A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss these results. Participants can pre-register for the call for immediate access or join via phone without pre-registration. The conference call will also be available via live webcast and will be accessible for replay on TriNet's Investor Relations website.

Dublin, Calif., July 12, 2021 - TriNet announced that Admiral William H. McRaven will join its PeopleForce 2021 conference as a keynote speaker. The four-day event will take place from September 13-16 in New York City and virtually. McRaven will address topics including leadership, risk management, and the importance of preparation and discipline. His insights are aimed at empowering small and medium-sized businesses (SMBs) as they navigate challenges post-COVID-19. This conference also offers networking and expert discussions on critical business topics.

TriNet has launched TriNet Financial Services Preferred, a premium HR solution tailored for financial services firms. This new offering, set for release in October 2021, aims to address the complex HR needs of the industry by providing dedicated support, guided onboarding, and top-tier benefits. The solution is based on over 30 years of experience serving 5,000 clients, and it addresses challenges such as skills shortages and the shift to remote work. Key features include a high-touch service model, enhanced payroll support, and risk management capabilities.

TriNet announced the appointment of Lisa Reeves as its new Chief Product Officer on June 22, 2021. With over 25 years of experience in product management, Reeves previously served as Chief Product Officer at Zenefits and Vice President of Corporate Strategy at Workday. She is expected to enhance TriNet's product innovation, specifically targeting the needs of small and medium-size businesses (SMBs). Reeves holds an economics degree from Kalamazoo College and an MBA from the Thunderbird School. Her expertise aims to drive forward TriNet's HR solutions for SMBs.

TriNet has announced the opening of registration for its PeopleForce 2021, a conference aimed at small and medium-sized businesses (SMBs), to be held from September 13. The event will feature distinguished speakers discussing critical business topics including agility, risk-taking, and the future of work. Following positive feedback from last year's event, which provided essential strategies during the pandemic, TriNet aims to empower attendees with tools for resilience and growth. Early bird registration is available until June 30.