Cornerstone OnDemand Earnings: Here’s Why Investors Don’t Like These Results

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 2.34%.

Cornerstone OnDemand, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.07 in the quarter versus EPS of $-0.09 in the year-earlier quarter.

Revenue: Rose 65.79% to $44.3 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Cornerstone OnDemand, Inc. reported adjusted EPS loss of $0.07 per share. By that measure, the company missed the mean analyst estimate of $-0.06. It beat the average revenue estimate of $42.08 million.

Quoting Management: “In a quarter that saw many software companies come up short, Cornerstone recorded one of its best performances to date,” said Adam Miller, the Company’s President & CEO. “With our solution improving, global distribution capabilities expanding, and direct competition weakening, our momentum has continued to build and we are excited about the road ahead.”

Key Stats (on next page)…

Revenue increased 17.63% from $37.66 million in the previous quarter. EPS increased to $-0.07 in the quarter versus EPS of $-0.10 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.03 and has not changed. For the current year, the average estimate is a loss of $0.18, which is the same with that ninety days ago.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]