Cornerstone OnDemand (CSOD) Tops Q3 EPS by 31c

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Cornerstone OnDemand Announces Third Quarter 2020 Financial Results

November 5, 2020 4:01 PM EST

SANTA MONICA, Calif.--(BUSINESS WIRE)-- People development solution provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results1 for its third quarter ended September 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.

Third Quarter 2020 Results:

Revenue for the third quarter of 2020 was $199.5 million. This represents a 37.6% increase compared to the same period of the prior year. Subscription revenue for the third... More