Cornerstone OnDemand, Inc. Announces First Quarter 2012 Financial Results

Record quarterly revenue of $24.0 million, up 52% year-over-year Record quarterly gross profit of $17.2 million, up 54% year-over-yearRecord Q1 Bookings[1] of $24.0 million, up 67% year-over-year Quarterly gross margin of 71%, consistent year-over-year, and Non-GAAP gross margin[1] of 74%, up 230 basis points year-over-year Ended the quarter with over 891 clients and approximately 8.2 million users SANTA MONICA, Calif – May 16th 2012 - Learning and talent management software provider Cornerstone OnDemand, Inc.

Press Release Distribution, Cornerstone OnDemand, Inc. Announces First Quarter 2012 Financial Results