Cornerstone OnDemand, Inc. ($CSOD) 2Q20 Earnings Preview

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is set to announce second quarter earning results on Monday 10th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, CSOD to report 2Q20 income of $ 0.22 per share from revenue of $ 178.51 million.

For the full year, analysts anticipate top line of $ 744.89 million, while looking forward to income of $ 1.20 per share bottom line.

Previous Quarter Performance

Cornerstone OnDemand, Inc. revealed income for the first quarter of $ 0.23 per share, from the revenue of $ 150.14 million. The quarterly earnings shrunk 8.00 percent while revenues grew 7.15 percent compared with the same quarter last year.
Street analysts expected Cornerstone OnDemand, Inc. to report income of $ 0.24 per share on revenue of $ 147.66 million for the first quarter. The bottom line results missed street analysts by $ 0.01 or 4.17 percent, at the same time, top line results outshined analysts by $ 2.48 million or 1.68 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Cornerstone OnDemand, Inc.

Stock Performance

According to the previous trading day, closing price of CSOD was $ 36.30, representing a 63.37 % increase from the 52 week low of $ 22.22 and a 43.68 % decrease over the 52 week high of $ 64.45.

The company has a market capital of $ 2.32 billion and is part of the Technology sector and Software – Application industry.

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Conference Call

Cornerstone OnDemand, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cornerstoneondemand.com

Cornerstone OnDemand, Inc., together with its subsidiaries, provides learning and human capital management software through software-as-a-service model worldwide. Its enterprise human capital management platform comprises four product suites, such as Recruiting Suite that helps organizations to attract, hire, and onboard the right employees; Learning Suite, which provides robust, a modern learning management software to supports compliance, knowledge sharing, and employee-driven development training; Performance Suite that provides tools to manage goal setting, performance reviews, competency assessments, development plans, continuous feedback, compensation management, and succession planning; and HR Administration Suite, which provides an aggregated view of all employee data with workforce planning, self-service management, and compliance reporting capabilities. The company also offers professional services, including application configuration, system integration, business process re-engineering, change management, and training.

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