TriNet Group, Inc. (TNET) CEO Burton Goldfield on Q2 2020 Results - Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q2 2020 Earnings Conference Call July 27, 2020 5:00 PM ET

Corporate Participants

Alex Bauer - Executive Director, Investor Relations
Burton Goldfield - President and Chief Executive Officer
Mike Murphy - Chief Financial Officer

Conference Call participants

Tien-Tsin Huang - JPMorgan
Andrew Nicholas - William Blair
Kevin McVeigh - Credit Suisse
David Grossman - Stifel Financial
Sam England - Berenberg

Operator

Good day and welcome to the TriNet Second Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

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

Alex Bauer

Thank you, Operator. Good afternoon, everyone, and welcome to TriNet's 2020 Second Quarter Conference Call. Joining me today are Burton Goldfield, our President and CEO; and Mike Murphy, our Chief Financial Officer.

Our prepared remarks were prerecorded. Burton will begin with an overview of our second quarter operating and financial performance. Mike will then review our financial results in more detail and provide our forward-looking guidance. We will then open up the call for the Q&A session.

Before we begin, please note that today's discussion will include our 2020 third 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 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 do not undertake to update any of these statements in light