TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q1 2020 Results - Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q1 2020 Earnings Conference Call April 28, 2020 5:00 PM ET

Company Participants

Alex Bauer - Executive Director, IR
Burton Goldfield - President, CEO & Director
Richard Beckert - CFO & SVP
Michael Murphy - CAO

Conference Call Participants

Tien-Tsin Huang - JPMorgan Chase & Co.
Andrew Nicholas - William Blair & Company
Samuel England - Berenberg
Kevin McVeigh - Crédit Suisse
David Grossman - Stifel, Nicolaus & Company

Operator

Good day, and welcome to the TriNet First Quarter 2020 Conference Call. [Operator Instructions].

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

Alex Bauer

Thank you, Operator. Good afternoon, everyone, and welcome to TriNet's 2020 First Quarter Conference Call. Joining me today are Burton Goldfield, our President and CEO; Richard Beckert, our Chief Financial Officer; and Michael Murphy, our Chief Accounting Officer. Our prepared remarks were prerecorded. Burton will begin with an overview of our first quarter operating and financial performance. Richard will then review our financial results in more detail. Finally, Michael will provide our forward-looking guidance. We will then open up the call for the Q&A session.

Unique to this conference call, the four of us are in 4 different locations, observing our COVID-19 shelter-in-place mandates. We will make our best efforts to have a Q&A session executed as seamlessly as possible. Before we begin, please note that today's discussion will include our 2020 second 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 that are inherently subject to risks, uncertainties and changes in circumstances that are difficult to predict