TriNet
TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech
TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech, a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions for SMBs while enabling Clarus R+D to thrive under Arvo Tec
Mar 6, 2025
TriNet
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
TriNet
TriNet
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
TriNet
TriNet
TriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income of $91 million and adjusted net income of $111 million. The n
Apr 26, 2024
TriNet
TriNet
TriNet
TriNet