Cornerstone OnDemand (CSOD) Tops Q2 EPS by 18c, FY Revenue Misses

Cornerstone OnDemand (NASDAQ: CSOD) reported Q2 EPS of $0.40, $0.18 better than the analyst estimate of $0.22. Revenue for the quarter came in at $184.4 million versus the consensus estimate of $178.51 million.

GUIDANCE:

Cornerstone OnDemand sees Q3 2020 revenue of $187-189 million, versus the consensus of $204.8 million.

• Subscription revenue between $181.0 million and $183.0 million.

Cornerstone OnDemand sees FY2020 revenue of $715-720 million, versus the consensus of $744.9 million.

• Subscription revenue between $689.0 million and $694.0 million.
• Non-GAAP operating income between $129.0 million and $133.0 million

For earnings history and earnings-related data on Cornerstone OnDemand (CSOD) click here.

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