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Dec 31, 2019
TriNet Q4 2019 Earnings Report
Announced fourth quarter and fiscal year 2019 results, which included a $300 million increase to the stock repurchase program and CFO transition.
Key Takeaways
TriNet's total revenues for the fourth quarter of 2019 increased 11% to $1.0 billion. Net income was $48 million, or $0.68 per diluted share and Adjusted Net Income was $59 million, or $0.84 per diluted share.
Total revenues increased 11% to $1.0 billion.
Net income was $48 million, or $0.68 per diluted share.
Adjusted Net Income was $59 million, or $0.84 per diluted share.
Average Worksite Employees (WSEs) increased 5% to approximately 337,000.
TriNet
TriNet
TriNet Revenue by Segment
Revenue by Segment
Professional Services Revenue
CapyFin.comInsurance Services Revenue
CapyFin.com Forward Guidance
TriNet will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) today to discuss its quarterly and annual results for 2019 and provide quarterly and annual financial guidance for 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income