| 2019-05-07 16:02:52|
CSOD 16:02 05/07 05/07/19
Cornerstone OnDemand reports Q1 EPS 25c, consensus 19c
Reports Q1 revenue $4140.1M, consensus $135.57M. The company said, "We are off to a great start for 2019, continuing the momentum that we saw during 2018. 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...During Q1, we continued to expand our operating margins while investing in our key priorities. As we look out to the balance of 2019, we are encouraged by the opportunities we see ahead and are raising our financial guidance accordingly."