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Mar 31, 2020
TriNet Q1 2020 Earnings Report
TriNet's financial performance for Q1 2020 showed revenue growth and increased profitability.
Key Takeaways
TriNet reported a 12% increase in total revenues, reaching $1.0 billion, and a 44% increase in net income, amounting to $91 million. Adjusted Net Income was $97 million, or $1.41 per diluted share. The company also saw an increase in average Worksite Employees (WSEs) by 8%, totaling approximately 336,000.
Total revenues increased by 12% to $1.0 billion compared to the same period last year.
Net income increased by 44% to $91 million, or $1.31 per diluted share, compared to the same period last year.
Adjusted Net Income increased by 41% to $97 million, or $1.41 per diluted share, compared to the same period last year.
Average Worksite Employees (WSEs) increased by 8% to approximately 336,000 compared to the same period last year.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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