Cornerstone OnDemand Announces Fourth Quarter and Fiscal Year 2017 Financial Results
Cornerstone OnDemand, Inc. (CSOD)
Last cornerstone ondemand, inc. earnings: 2/24 04:03 pm
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US:NASDAQ Investor Relations:
investors.cornerstoneondemand.com/investors/overview/default.aspx
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Source: Business Wire
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Human capital management software provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results for its fourth quarter and year ended December 31, 2017. The Company has provided supplemental financial information on its Investor Relations website at http://investors.cornerstoneondemand.com. “In the last three months, we have made strong progress against our strategic transformation plan,” said Adam Miller, the Company’s CEO. “We believe our solid performance in Q4 2017 is a positive indicator that we are making the right changes to drive recurring revenue growth and operating margins.” Fourth Quarter 2017 Results: Revenue for the fourth quarter of 2017 was $132.0 million, representing a 21.0% increase compared to the same period in 2016. Revenue growth on a constant currency basis represented an 18.3% increase compare
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