Cornerstone OnDemand (CSOD) Tops Q3 EPS by 5c

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Cornerstone OnDemand Announces Third Quarter 2018 Financial Results

November 7, 2018 4:01 PM EST

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Human capital management software provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results1 for its third quarter ended September30, 2018.

We are extremely pleased with our execution at the one year mark of our strategic plan to transform Cornerstone into an industry-leading, high-margin growth company, said Adam Miller, founder and CEO, Cornerstone, We are now a stronger, fitter Cornerstone and believe we are on track to achieve our long-term financial and operational goals.

Adoption of the New Revenue Recognition Standard - ASC 606

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