Cornerstone OnDemand Announces First Quarter 2019 Financial Results
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Cornerstone OnDemand (CSOD) Tops Q1 EPS by 6c, Revenues Beat; Offers 2Q & FY19 Revenue Mid-Point Guidance Above Consensus
May 7, 2019 4:07 PM EDTCornerstone OnDemand (NASDAQ: CSOD) reported Q1 EPS of $0.25, $0.06 better than the analyst estimate of $0.19. Revenue for the quarter came in at $140.1 million versus the consensus estimate of $135.57 million.
We are off to a great start for 2019, continuing the momentum that we saw during 2018, said Adam Miller, founder and CEO of Cornerstone. With the skills divide making news almost every week, learning and development directors are embracing solutions like ours. The injection of our emerging content business into our massive installed base of more than 40 million users, is enabling us to truly differentiate.
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