Cornerstone OnDemand (CSOD) Tops Q4 EPS by 37c, Offers Q1 and FY Guidance

Cornerstone OnDemand (NASDAQ: CSOD) reported Q4 EPS of $0.64, $0.37 better than the analyst estimate of $0.27. Revenue for the quarter came in at $206.9 million versus the consensus estimate of $196.06 million.

GUIDANCE:

Cornerstone OnDemand sees Q1 2021 revenue of $203-205 million, versus the consensus of $201.4 million.

• Subscription revenue between $198.0 million and $200.0 million.
• Non-GAAP operating income between $44.0 million and $46.0 million.

Cornerstone OnDemand sees FY2021 revenue of $847-857 million, versus the consensus of $828.3 million.

• Subscription revenue between $825.0 million and $835.0 million.
• Annual recurring revenue between $868.0 million and $878.0 million.
• Non-GAAP operating income between $205.0 million and $212.0 million.
• Unlevered free cash flow between $195.0 million and $205.0 million. Captured in this is approximately $50.0 million in non-recurring cash outflows for restructuring and integration activities related to the Saba acquisition

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

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