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Cornerstone OnDemand Inc (CSOD.OQ)

CSOD.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Cornerstone Ondemand Inc - Revenue For Q2 Of 2019 Was $141.9 Million Represents A 7.1% Increase
Tuesday, 6 Aug 2019 

Aug 5 (Reuters) - Cornerstone OnDemand Inc ::REVENUE FOR Q2 OF 2019 WAS $141.9 MILLION REPRESENTS A 7.1% INCREASE.NET LOSS FOR Q2 OF 2019 WAS $8.8 MILLION, OR A $0.15 DILUTED NET LOSS PER SHARE.NON-GAAP NET INCOME FOR Q2 OF 2019 WAS $12.4 MILLION, OR A $0.21 DILUTED NET INCOME PER SHARE.EXPECT TO SUBSTANTIALLY IMPROVE OUR CASH FLOW MARGINS IN 2020.SEES Q3 REVENUE BETWEEN $141 MILLION AND $143 MILLION.SEES Q3 SUBSCRIPTION REVENUE BETWEEN $135 MILLION AND $137 MILLION.FOR YEAR ENDING DECEMBER 31, 2019, COMPANY SEES REVENUE BETWEEN $566.5 MILLION AND $571 MILLION.FOR YEAR ENDING DECEMBER 31, 2019, COMPANY SEES SUBSCRIPTION REVENUE BETWEEN $539.5 MILLION AND $544 MILLION.FOR YEAR ENDING DECEMBER 31, 2019, COMPANY SEES NON-GAAP OPERATING INCOME BETWEEN $79 MILLION AND $85 MILLION.FOR YEAR ENDING DECEMBER 31, 2019, COMPANY SEES UNLEVERED FREE CASH FLOW BETWEEN $85 MILLION AND $92 MILLION.Q2 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $138.9 MILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $568.4 MILLION -- REFINITIV IBES DATA.  Full Article

Cornerstone OnDemand Posts Q2 Non-GAAP Earnings Per Share Of $0.21
Tuesday, 6 Aug 2019 

Aug 5 (Reuters) - Cornerstone OnDemand Inc ::CORNERSTONE ONDEMAND ANNOUNCES SECOND QUARTER 2019 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.21.Q2 LOSS PER SHARE $0.15.Q2 REVENUE $141.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $138.9 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.21 -- REFINITIV IBES DATA.SEES FY 2019 REVENUE $566.5 MILLION TO $571 MILLION.SEES Q3 2019 REVENUE $141 MILLION TO $143 MILLION.FOR YEAR ENDING DECEMBER 31, 2019, SEES SUBSCRIPTION REVENUE BETWEEN $539.5 MILLION AND $544 MILLION.SEES 2019 UNLEVERED FREE CASH FLOW BETWEEN $85 MILLION AND $92 MILLION.EXPECT TO SUBSTANTIALLY IMPROVE OUR CASH FLOW MARGINS IN 2020.FY2019 REVENUE VIEW $568.4 MILLION -- REFINITIV IBES DATA.Q3 REVENUE VIEW $141.1 MILLION -- REFINITIV IBES DATA.  Full Article

Cornerstone Ondemand Announces Corporate Governance Changes
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Cornerstone Ondemand Inc ::CORNERSTONE ONDEMAND ANNOUNCES CORPORATE GOVERNANCE CHANGES.CORNERSTONE ONDEMAND - TO MAKE SEVERAL CHANGES TO CORPORATE GOVERNANCE STRUCTURE AS PART OF STRATEGIC TRANSFORMATION PLAN OUTLINED IN NOV 2017.CORNERSTONE ONDEMAND SAYS WILL SEPARATE CHAIRMAN OF BOARD AND CEO ROLES AND MOVE TO DECLASSIFY ITS BOARD OF DIRECTORS.CORNERSTONE ONDEMAND INC - PLANS TO SEPARATE CHAIRMAN AND CEO ROLES WHEN A NEW CHAIRMAN IS APPOINTED.CORNERSTONE ONDEMAND - CHAIRMAN AND CEO ADAM MILLER TO CONTINUE TO SERVE AS CEO ONCE NEW CHAIRMAN APPOINTMENT IS MADE.CORNERSTONE ONDEMAND -‍PROPOSAL TO DECLASSIFY TO APPEAR ON BALLOT AT 2018 ANNUAL MEETING, REQUIRES SUPPORT OF HOLDERS OF 70 PERCENT OF SHARES FOR ADOPTION​.CORNERSTONE ONDEMAND INC - ‍IF STOCKHOLDERS APPROVE PROPOSAL, DIRECTORS STANDING FOR ELECTION IN 2019 AND BEYOND WOULD BE ELECTED TO ONE-YEAR TERMS​.  Full Article

Silver Lake Group Reports 10.8 Pct Stake In Cornerstone Ondemand - SEC Filing
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Cornerstone Ondemand Inc ::SILVER LAKE GROUP L.L.C. REPORTS 10.8 PERCENT STAKE IN CORNERSTONE ONDEMAND INC AS ON DEC 8 - SEC FILING.  Full Article

Cornerstone OnDemand Approved Restructuring Plan That Includes Total Workforce Reduction Of About 6 Percent
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Cornerstone Ondemand Inc ::CORNERSTONE ONDEMAND SAYS ON DEC 4, CO APPROVED A RESTRUCTURING PLAN TO REDUCE HEADCOUNT OF COMPANY'S GLOBAL SERVICE DELIVERY TEAM - SEC FILING.CORNERSTONE ONDEMAND - EXPECTS SERVICE DELIVERY HEADCOUNT REDUCTIONS TO BE COMPLETED BY MARCH 2018.CORNERSTONE ONDEMAND - EXPECTS SALES HEADCOUNT REDUCTIONS TO BE COMPLETED BY DEC 2017.CORNERSTONE ONDEMAND - RESTRUCTURING PLAN INCLUDES TOTAL WORKFORCE REDUCTION OF APPROXIMATELY 6 PERCENT.CORNERSTONE ONDEMAND - EXPECTS TO INCUR ABOUT $5.0 MILLION OF EXPENDITURES IN CONNECTION WITH RESTRUCTURING.CORNERSTONE ONDEMAND - EXPECTS TO RECOGNIZE MOST PRE-TAX WORKFORCE RELATED RESTRUCTURING CHARGES IN QTRS ENDED DEC 31, 2017 & MARCH 31, 2018.  Full Article

RGM Capital Reports 5.28 Pct Stake In Cornerstone Ondemand
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Cornerstone Ondemand Inc ::RGM CAPITAL LLC REPORTS 5.28 PERCENT STAKE IN CORNERSTONE ONDEMAND INC AS OF NOV. 30, 2017 - SEC FILING‍​.RGM CAPITAL INITIATED DIALOGUE WITH CORNERSTONE ONDEMAND REGARDING STRATEGIC, OPERATING MARGIN-ENHANCING OPPORTUNITIES FOR CO‍​.  Full Article

Cornerstone OnDemand Q3 loss per share $0.26
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Cornerstone Ondemand Inc :Cornerstone OnDemand announces third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.12.Q3 loss per share $0.26.Q3 revenue $121.8 million versus I/B/E/S view $119 million.Sees FY 2017 revenue $479 million to $487 million.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.  Full Article

Cornerstone OnDemand announces $300 mln strategic investment led by Silver Lake
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Cornerstone Ondemand Inc :Cornerstone OnDemand announces $300 million strategic investment led by Silver Lake to accelerate next phase of growth.Cornerstone OnDemand - ‍silver Lake & Linkedin will make a $300 million strategic investment in cornerstone​.Cornerstone OnDemand - ‍intends to use proceeds of new investment to repay existing convertible debt and repurchasing common shares​.  Full Article