TriNet reports Q3 EPS $1.11 vs. $1.17 last year

Reports Q3 revenue $1.232B vs. $1.252B last year. “After our strong Q3 financial performance, we are now tracking towards the high end of our full-year earnings guidance range,” said Mike Simonds, TriNet (TNET) President and CEO. “We launched our go-to-market initiatives and have nearly completed the most aggressive portion of our repricing, setting us up for an improving growth trajectory in coming quarters.” Simonds continued, “The broader SMB business environment remains challenged, and we remain focused on supporting our customers. Despite the challenging conditions, we recorded our highest ever customer net promoter score, and customer retention remains above our historical average.”