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TriNet Reports Strong Third Quarter 2009 Revenue

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Article Title: TriNet Reports Strong Third Quarter 2009 Revenue - Source: Bradenton Herald - 11/18/2009

TriNet reports that revenues doubled since the acquisition of Bradenton based Gevity in the summner of 2009. - TriNet has added 350 small business clients since it acquired Gevity. Of those, 212 clients were recruited in the third quarter. TriNet’s client base is now about 8,000 small businesses, which have a combined 130,000 employees.

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Subject	Posted by:	Post Date	Comments
Why have revenues only doubled?	Sasha Reynolds	11/18/2009 8:38:02 AM	This is great that TriNet is adding new accounts. But I have to ask, since Trinet was only one thired the size that Gevity was (in terms of the number of worksite employees; 30,000 at Trinet compared to 90,000 at Gevity) then why have revenues only doubled? I would expect they would have gone up three to four times.