DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — TriNet Group Inc. (TNET) on Thursday reported fourth-quarter net income of $67 million.

The Dublin, California-based company said it had profit of $1.31 per share. Earnings, adjusted for one-time gains and costs, were $1.60 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The human resources services outsourcing company posted revenue of $1.25 billion in the period. Its adjusted revenue was $326 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $300.4 million.

For the year, the company reported profit of $375 million, or $6.56 per share. Revenue was reported as $1.41 billion.

For the current quarter ending in March, TriNet expects its per-share earnings to range from $2.10 to $2.85.

The company expects full-year earnings in the range of $5.80 to $7.35 per share.


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