TriNet Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full-Year 2021
October 25, 2021 at 04:33 pm EDT
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TriNet Group, Inc. provided earnings guidance for the fourth quarter and full-year 2021. For the quarter, the company expected Total Revenues to be 12% to 14%. Diluted net income per share of common stock $0.17 to $0.40.
For the year, the company expected Total Revenues to be 11% to 12%. Diluted net income per share of common stock $4.20 to $4.43.
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.