Global Leader in People Development Solutions

Cornerstone OnDemand (NASDAQ: CSOD) is a global leader in people development solutions. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize their people potential. Featuring comprehensive recruiting, personalized learning, modern content delivered in the flow of work, development-driven performance management and holistic workforce data management and insights, Cornerstone’s people development solutions are used by over 6,000 global clients of all sizes, spanning more than 75 million users across 180+ countries and 50+ languages.

Read More

img1
M+
Users
img2
Clients
img3
+
Countries
img4
~
Languages
img5
Offices

Latest Investor News

September 21, 2021 Cornerstone is Reimagining a System of Work to Improve Resilience, Growth and Success for All
A skills-powered, AI-driven, experiential approach designed for the modern work environment Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today unveiled its vision for a new “system of work” designed to meet the transformative needs of the contemporary workforce. Cornerstone’s new system of work will transform how customers manage and grow their workforces by removing talent complexity and technology silos. It introduces a unified and holistic approach to talent that improves workforce agility and unites people and businesses on a path to success. As organizations continue to transform to meet the tectonic shifts of the past two years, they understand the need to focus on developing new and different skills, improving workforce readiness, and supporting significant changes to how work gets done. According to a recent McKinsey & Company report , this pressure to change has been building for years. Well before the COVID-19 pandemic, senior executives routinely worried their...
August 18, 2021 Cornerstone’s Focus on Accelerating Innovation Gains Industry Attention
Recognition for Cornerstone’s advancement in people experience, skills and AI signals ground-breaking innovation to come Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced a series of industry accolades for leadership and innovation in HR technology with solutions that enable organizations to advance skills transformation initiatives, intelligently apply AI to improve insight and efficiency, and elevate content engagement and personalization. Leveraging this momentum, Cornerstone is actively preparing to launch further advancements of its HR tech innovation that empower people to build skills, grow and align with business goals to achieve collective success. IDC MarketScape, a premier vendor assessment tool, named Cornerstone a leader in four Worldwide Integrated Talent Management Vendor Assessment reports, including those for Learning Management 1 , Talent Management 2 , Performance Management 3 and Compensation Management 4 . Using a rigorous scoring methodology, IDC...
August 5, 2021 Cornerstone OnDemand Enters Definitive Agreement to Be Acquired by Clearlake Capital Group in $5.2 Billion Transaction
Cornerstone Stockholders to Receive $57.50 Per Share in Cash Vector Capital to Make Minority Investment at Closing Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in talent management software, today announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”), a leading private equity firm. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately $5.2 billion. The $57.50 per share purchase price represents a premium of approximately 31% to Cornerstone’s unaffected closing stock price on June 1, 2021, the last full trading day prior to Clearlake filing a Schedule 13D in connection with the Company’s strategic review process, and a 40% premium to the Company’s unaffected LTM VWAP. Upon completion of the transaction, Cornerstone will become a...
August 5, 2021 Cornerstone OnDemand Announces Second Quarter 2021 Financial Results
Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results 1 for its second quarter ended June 30, 2021. Additionally, in a separate release, Cornerstone announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”). Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately $5.2 billion. Second Quarter 2021 Results 2 : Revenue for the second quarter of 2021 was $214.3 million. This represents a 16.3% increase compared to the same period of the prior year. Subscription revenue for the second quarter of 2021 was $206.8 million. This represents a 16.7% increase compared to the same period of the prior year. Income (loss) from operations for the second quarter of 2021 was $20.9 million, yielding a margin of 9.8%, compared to income (loss) from operations...
July 8, 2021 Cornerstone Sets Date to Announce Second Quarter 2021 Results
Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, announced today the company’s financial results for the second quarter of 2021 will be released after market close on Thursday, Aug. 5, 2021. Cornerstone will host a conference call to discuss the results at 2 p.m. PT (5 p.m. ET) on the same day. Dial-in information for the call and a live webcast will be available on the events page of Cornerstone’s investor relations website. An audio replay will be available for three days following the conclusion of the call (between 8 p.m. PT on Aug. 5 and 11:59 p.m. PT on Aug. 8). The replay will also be available as a webcast on Cornerstone’s investor relations website . About Cornerstone Cornerstone is a premier people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize the potential...
May 10, 2021 Cornerstone Hosts a Free Day of Learning to Help Leaders and their People Build Critical and Urgent Skills
Attendees of the Learning Content Summit will get access to industry experts and leave with practical tips and guidance to increase skill development and agility at work Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced an effort to give back to the community by hosting the Learning Content Summit: Reunite, Rebuild, Recharge , a free, virtual opportunity for organizations and their people to get valuable, timely insights and information that will help drive much-needed skill development and agility at work. The event will be held on May 12 from 9 a.m. to 1:30 p.m. PDT and will focus on the pivotal role learning content plays in preparing people, and their organizations, for any future and through new-skilling efforts. Recent Cornerstone Data Insights reveal a significant spike in workplace learning - a lynchpin to building skills that help people adapt and organizations thrive in unpredictable environments. By delivering access...
May 6, 2021 Cornerstone OnDemand Announces First Quarter 2021 Financial Results
People development solutions provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results 1 for its first quarter ended March 31, 2021. The Company has provided supplemental financial information located on its Investor Relations website. On April 22, 2020, the Company acquired Saba Software, Inc. (“Saba”); the discussion below includes Saba’s results for the post-acquisition period. First Quarter 2021 Results: Revenue for the first quarter of 2021 was $209.3 million. This represents a 39.4% increase compared to the same period of the prior year. Subscription revenue for the first quarter of 2021 was $200.6 million. This represents a 38.9% increase compared to the same period of the prior year. Income (loss) from operations for the first quarter of 2021 was $9.1 million, yielding a margin of 4.3%, compared to income (loss) from operations of $(2.7) million and a margin of (1.8)% in the same period of the prior year. Non-GAAP operating income for the first quarter of 2021...
April 26, 2021 Cornerstone Completes Repricing of Term Loan B Facility
Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced it has successfully completed a repricing of its senior secured term loan facility (the “Term Loan B”). Prior to the repricing, the Term Loan B had an outstanding value of $850 million (the original principal value was $1,005 million) and was repriced to bear interest at LIBOR plus 3.25% with a LIBOR floor of 0%, which represents a 100 basis point reduction compared to the prior interest rate of LIBOR plus 4.25% with a LIBOR floor of 0%. All other material terms of the Term Loan B remain unchanged, including the maturity date of April 22, 2027. After the repricing, the outstanding value of the loan is $830 million. “We are pleased with the results of this repricing transaction, which we believe to be a reflection of our strong operational performance in 2020 and continued progress towards reducing leverage and enhancing the company’s liquidity position,” said Chirag Shah, Chief...
April 21, 2021 Cornerstone Nominates Sara Martinez Tucker to Its Board of Directors
Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced the nomination of Sara Martinez Tucker for election to the Cornerstone Board of Directors at the company’s annual meeting of stockholders to be held on June 8, 2021. Tucker brings more than 30 years of extensive leadership experience in technology, science, education, and government. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210421005993/en/ Sara Martinez Tucker (Photo: Business Wire) "We are truly honored to welcome Sara Martinez Tucker to the Cornerstone board," said Phil Saunders, CEO, Cornerstone. "Sara’s vast leadership experience, particularly at the intersection of technology and education, will be an invaluable addition to our board as the company strengthens its ability to grow and provide the best experience, innovation, and support to our customers worldwide." “Cornerstone’s proven leadership in the...

Social Feeds

Email Address *
Mailing Lists *





 
Enter the code shown above.

Register for our next product demo

Register