Cornerstone OnDemand (CSOD) Reports In-Line Q2 EPS; Guides Above Views

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Cornerstone OnDemand Announces Second Quarter 2018 Financial Results

August 7, 2018 4:01 PM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Human capital management software provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results1 for its second quarter ended June 30, 2018.

We are pleased with the progress we have made through the first half of the year against all aspects of our strategic plan and the corresponding indicators of success, said Adam Miller, the Companys CEO. We believe these changes are laying the foundation to transform Cornerstone into an industry-leading, high margin growth company.

Adoption of the New Revenue Recognition Standard - ASC 606... More