TriNet reports Q4 adjusted EPS $1.60, consensus $1.19

Reports Q4 revenue $1.25B, consensus $1.25B. “Throughout 2023 in what proved to be a challenging economic environment, TriNet focused its execution on the areas within our control,” said Burton Goldfield, TriNet’s president and CEO. “Through our investment in sales, we accelerated our new sales in the fourth quarter, and we just completed our best January ever. We benefited from strong customer retention as we kept our customers at the center of everything we do. Finally, we launched our inaugural dividend completing an extraordinary year of capital allocation.”