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TriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
Prnewswire· 2025-07-25 12:00
Core Viewpoint - TriNet Group, Inc. reported its second quarter financial results for 2025, indicating stable performance in line with forecasts and reaffirming full-year guidance despite a challenging business environment [2][3]. Financial Performance - Total revenues for the second quarter were $1.2 billion, remaining flat compared to the same period last year [7]. - Professional service revenues decreased by 8% to $172 million year-over-year [7]. - Net income was $37 million, or $0.77 per diluted share, down from $60 million, or $1.20 per diluted share, in the same period last year [7]. - Adjusted Net Income was $55 million, or $1.15 per diluted share, compared to $78 million, or $1.53 per diluted share, in the same period last year [7]. - Adjusted EBITDA was $105 million, representing an Adjusted EBITDA Margin of 8.5%, down from $136 million and 10.9% in the same period last year [7]. Full-Year 2025 Guidance - The company reiterated its full-year 2025 guidance, projecting total revenues between $4.95 billion and $5.14 billion [4]. - Professional service revenues are expected to be between $700 million and $730 million [4]. - The Insurance Cost Ratio is projected to be between 90% and 92% [4]. - Adjusted EBITDA Margin is expected to range from 7% to 9% [4]. - Diluted net income per share is forecasted to be between $1.90 and $3.40, while Adjusted Net Income per share is expected to be between $3.25 and $4.75 [4]. Shareholder Returns - The company returned $117 million to shareholders through share repurchases and dividends during the first half of 2025 [7]. Key Financial Metrics - Average Worksite Employees (WSEs) decreased by 4% year-over-year to approximately 336,000 [7]. - Cash and cash equivalents increased by 13% to $407 million compared to the previous year [13]. - Total assets decreased by 10% to $3.688 billion [13]. Conference Call - TriNet will host a conference call to discuss its second quarter results and reaffirm its full-year financial guidance [6].
TriNet Launches "Your Path, Our Purpose" Brand Campaign Celebrating the Inspiring Journeys of Small and Medium-Size Businesses
Prnewswire· 2025-05-12 13:15
Core Message - TriNet has launched a new brand campaign titled "Your Path, Our Purpose," which celebrates the journeys of small and medium-sized businesses (SMBs) and their positive impact on communities and employees [1][2]. Group 1: Campaign Overview - The campaign features stunning portraits captured by renowned photographer Annie Leibovitz, showcasing the stories of SMBs [3]. - It employs a dynamic visual style and special effects by Emmy® award-winning Garson Yu, along with soundscapes created by composer Piers Baron, to immerse viewers in the narratives [3]. - The campaign aims to highlight the significant contributions of SMBs and TriNet's commitment to supporting them [5]. Group 2: Featured Businesses - The campaign follows four TriNet customers: - **Zap Surgical Systems**: Innovating in advanced surgical robotics with its ZAP-X platform, enhancing radiosurgery accessibility [6]. - **Van Leeuwen Ice Cream**: Evolved from a food truck in NYC to a national brand known for its unique dairy and vegan flavors [6]. - **Zymo Research**: A leader in biotechnology since 1994, focusing on epigenetics and Next-Gen Sequencing [6]. - **Good Culture**: Transforming the dairy market with organic, pasture-raised cultured foods, particularly cottage cheese [6]. Group 3: Marketing Strategy - The campaign will be broadcast nationwide across various platforms, including television, radio, digital media, and out-of-home advertising, targeting major markets like New York City, San Francisco, Los Angeles, Boston, and Atlanta [5].