TriNet Group, Inc. Announces Earnings Guidance for the Third Quarter and Full Year 2021
July 26, 2021 at 04:15 pm EDT
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TriNet Group, Inc. announced earnings guidance for the third quarter and full year 2021. For the third quarter 2021, the company expects totals revenues to increase 15% to 17% from the prior quarter. Diluted net income per share of common stock is expected to be between $0.48 to $0.72.
For the full year, the company expects totals revenues to increase 10% to 12% from the prior year. Diluted net income per share of common stock is expected to be between $3.60 to $4.03.
TriNet Group, Inc. provides small and medium-size businesses with full-service industry-specific human resource (HR) solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. The Company offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development (R&D) tax credit services, all enabled by technology. Its suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time and attendance. It offers six industry-tailored vertical PEO services: TriNet Financial Services, TriNet Life Sciences, TriNet Main Street, TriNet Nonprofit, TriNet Professional Services and TriNet Technology. The Company's HRIS services primarily consists of its self-directed, cloud based HRIS software solution and provides the option to add tools, such as payroll processing and benefits management.
TRINET GROUP, INC. 
