TriNet Group Q1 2023 Earnings Report

TriNet Group EPS Results

• Actual EPS: $2.35
• Consensus EPS: $1.77
• Beat/Miss: Beat by +$0.58
• One Year Ago EPS: N/A

TriNet Group Revenue Results

• Actual Revenue: $394.00 million
• Expected Revenue: $364.55 million
• Beat/Miss: Beat by +$29.45 million
• YoY Revenue Growth: N/A

TriNet Group Announcement Details

• Quarter: Q1 2023
• Date: 4/26/2023
• Time: N/A

TriNet Group (NYSE:TNET) provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.