TriNet Group's (TNET) CEO Burton Goldfield on Q3 2019 Results - Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q3 2019 Earnings Conference Call October 24, 2019 5:00 PM ET

Company Participants

Alex Bauer – Investor Relations
Burton Goldfield – President and Chief Executive Officer
Richard Beckert – Chief Financial Officer

Conference Call Participants

Kevin McVeigh – Credit Suisse
Andrew Nicholas – William Blair
David Grossman – Stifel Financial

Operator

Good day and welcome to the TriNet Third Quarter 2019 Conference Call. TriNet has given me a script to read to the audience and it goes TriNet 8-K and the 10-Q filings will both be delayed pending the SEC’s EDGAR system coming back online. However, we will proceed the call and a transcript of this call will be filed.

I would now like to turn conference over to Alex Bauer, Investor Relations. Please go ahead.

Alex Bauer

Thank you, operator. Good afternoon everyone and welcome to TriNet’s 2019 third quarter conference call. Joining me today are Burton M. Goldfield, our President and CEO; and Richard Beckert, our Chief Financial Officer. Our prepared remarks were pre-recorded. Burton will begin with an overview of our third quarter operating and financial performance. Richard will then review our financial results in more detail. We will then open up the call for a Q&A session.

Before we begin, please note that today’s discussion will include our 2019 fourth quarter and full-year guidance and other statements that are not historical in nature, are predictive in nature, or depend upon, or refer to future events, or conditions such as our expectations, estimates, predictions, strategies, beliefs, or other statements that might be considered forward-looking. These forward-looking statements are based on management’s current expectations and assumptions and are inherently subject to risks, uncertainties and changes in circumstances that are difficult to predict and that may cause actual results to differ materially from statements being made today or in the future. Except as may be required by law, we