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

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Cornerstone OnDemand Announces Second Quarter 2020 Financial Results

August 10, 2020 4:01 PM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- People development solution provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results1 for its second quarter ended June 30, 2020. The Company has provided supplemental financial information located on its Investor Relations website. On April 22, 2020, the Company acquired Saba Software, Inc. ("Saba"); the below discussion includes Saba's results for the post-acquisition period.

Second Quarter 2020 Results:

Revenue for the second quarter of 2020 was $184.4 million. This represents a 30.0% increase compared to the same period of the... More