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DUBLIN, Calif. - TriNet (NYSE:TNET), a $3.6 billion HR solutions provider generating $5 billion in annual revenue, announced Wednesday the introduction of its new TriNet Ascend program, designed to train aspiring sales professionals at its Metro Atlanta location. According to InvestingPro analysis, the company maintains strong profitability with a healthy P/E ratio of 22.3x.
The program combines training, hands-on learning, and real-world sales exposure to build skills for a career in sales at the human resources solutions provider. Participants may have the opportunity to relocate to one of TriNet’s field regions after completing the program. For investors seeking deeper insights, InvestingPro offers extensive analysis with 8 additional ProTips and a comprehensive research report, revealing why TriNet currently appears undervalued based on their Fair Value model.
"Amid the uncertainty many graduates face today as they embark on their post-college journey, we see a world of opportunity to unlock their potential," said Shea Treadway, TriNet’s Chief Revenue Officer.
The initiative features structured onboarding, mentorship, selling experience, and exposure to small and medium-size business challenges. It will be based at TriNet’s new Atlanta office.
Catherine Wragg, TriNet’s Chief People Officer, stated, "TriNet Ascend embodies our unwavering dedication to forging impactful paths for top talent to grow into future leaders while delivering incredible value to our SMB customers."
Applications for the inaugural Atlanta-based cohort are now open, with the company accepting candidates from all academic backgrounds, according to the press release statement.
TriNet provides human resources solutions for small and medium-size businesses, offering services including human capital expertise, employee benefits, payroll administration, and compliance consulting.
In other recent news, TriNet Group reported strong financial results for the first quarter of 2025, surpassing market expectations with an adjusted earnings per share (EPS) of $1.99, compared to the forecasted $1.60. The company’s revenue reached $1.26 billion, marking a 1% increase from the previous year. In addition to its earnings announcement, TriNet declared a quarterly dividend of $0.275 per share, scheduled for payment on July 28, 2025. Stifel analysts have maintained a Buy rating for TriNet, with a price target of $97, citing the company’s strategic initiatives and stable macroeconomic environment as positive factors. TriNet’s management has been focusing on repricing segments of its insurance book and enhancing product offerings, with expectations of these efforts bearing fruit later in the year. The company is also exiting its SaaS-only business to concentrate on core HR solutions, aiming for revenue growth acceleration and improved margins by 2026. These developments reflect TriNet’s strategic positioning and resilience in navigating economic uncertainties.
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