Tag Archives: csod

Cornerstone OnDemand ‘Positive Pipeline’ Aids Outlook

Cornerstone OnDemand (CSOD) stock jumped as much as 11% Friday despite reporting lower-than-expected Q2 earnings Thursday. The company’s sales and billings beat Wall Street views, boosting shares. The maker of performance management software said Q2 billings rose 30% from Q2 2014, to $91.3 million. Analyst Jack Andrews of D.A. Davidson told clients that was in line with his estimate but well ahead of Wall Street’s consensus of $85.5 million. He

Cornerstone Can Leverage Cloud In Talent Management

Cornerstone OnDemand (CSOD) is in a good position to cash in on companies looking to move their talent management operations to the Internet cloud and remains a possible takeover candidate, according to an analyst at FBR Capital Markets. The analyst, Samad Samana, initiated coverage on the enterprise software company on Thursday with a rating of outperform, or buy. He set a price target of 48. Cornerstone stock was up more than 2% in midday

Cornerstone OnDemand Maintains Investment Growth Plan

Cornerstone OnDemand (CSOD) continues to invest heavily in business operations, as its Q4 bottom line missed analyst expectations and it forecast a deeper 2014 loss than Wall Street expected. Still, in early trading Wednesday, Cornerstone OnDemand stock was up as much as 3.5%, touching its all-time high of 60.43. But Cornerstone stock was down 2%, near 57, in afternoon trading in the stock market today. The Santa Monica, Calif.-based company late