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TriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million
TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (8.2% margin). Despite a 6% drop in average worksite employee
Oct 29, 2025
Professional Services
Lightcast Acquires Consulting Firm Simply, Extending Its Lead in Skills Intelligence
Lightcast, the global leader in labor market intelligence, has acquired UK-based consulting firm Simply to strengthen its professional services and extend its leadership in skills intelligence. Simply brings expertise in aligning organizational strategy with workforce capabilities, with clients acro
Oct 1, 2025
Professional Services
Laurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services
Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligence challenge” by mapping time to business outcomes
Aug 11, 2025
Professional Services
TriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year guidance. Adjusted EBITDA fell 23% to $105 million, while adj
Jul 25, 2025
Professional Services
UK’s Cronofy Raises £15M from BGF to Expand Scheduling Infrastructure
Cronofy, a UK-based embedded scheduling platform, has secured a £15 million investment from BGF to fuel its international expansion and product innovation. Trusted by over 180,000 organizations worldwide—including brands like Wise, Indeed, and Docplanner—Cronofy integrates scheduling capabiliti
May 14, 2025
Professional Services
TriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record worksite employee (WSE) retention, net income declined to $17
Feb 13, 2025
Professional Services
Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers
Phenom, an AI-driven HR technology leader, has acquired EDGE, a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, catering specifically to professional services firms and global cap
Feb 6, 2025
Professional Services
TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased healthcare costs. Adjusted net income per diluted share fell t
Oct 25, 2024
Professional Services
Awardco Launches External Recognition, An Employee Rewards and Recognition Innovation Built for Customer-Facing Teams
Awardco , a leader in employee recognition and rewards, has launched a new feature called External Recognition. This innovation allows customers, vendors, partners, or any third-party to recognize employee efforts in real-time, enhancing a culture of appreciation and recognition. It is particularly
Aug 6, 2024
Professional Services
Skillfully Secures $2.5 Million in Seed Funding to Revolutionize Recruitment
Skillfully, a pioneer in simulation-driven hiring solutions, has secured $2.5 million in seed funding led by Better Ventures. This funding will enhance Skillfully's platform, which uses advanced AI tools and a modern skill taxonomy to revolutionize hiring practices. The platform's experiential hirin
Aug 5, 2024
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