Great growth potential! Posted some details below. Recently closed acquisition of
Description: Cloud Computing Services
Cornerstone OnDemand, Inc. engages in the provision of learning and talent management solutions delivered as Software-as-a-Service.
It is also involved in providing support packages; client success framework; technical consulting; and content, implementation, business consulting, and educational services.
News:
- Cornerstone Ondemand Says Company Will Eliminate About 270 Positions As Part Of Co's Acquisition Of Saba Software
- Reports Q1 (Mar) earnings of $0.23 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.25; revenues rose 7.2% year/year to $150.1 mln vs the $147.76 mln S&P Capital IQ Consensus.
- Commentary: "Our first quarter was progressing well until the COVID-19 pandemic headwinds began to slow new sales at the end of March. To offset the impact of these headwinds, we have been able to augment and accelerate the synergies from the Saba acquisition as our integration progresses ahead of plan. We now expect to realize $50 million in run-rate synergies as we exit 2020, as compared to our prior guidance of $35 million over twenty-four months... even under extreme scenarios, such as assuming no new sales through the end of 2021, we still expect to increase our cash balances through the end of 2021. This gives us a high level of confidence in our ability to weather this storm."
EV: $2.23B
MC: $2.39B
EBITDA Margins 26%
Revenue Growth: 29.8%
Valuation
Actual LTM Consensus
EV / Revenue: 3.80x 2.98x
EV / EBITDA: 16.87x 11.13x
EV / EBIT: 23.65x 15.50x
Price / Earnings: 32.25 33.11x
Financials
Actual LTM Consensus
Revenue: $586.54M $748.23M
EBITDA: $131.97M $200.09M
EBIT: $94.16M $143.64M
EPS: $1.16 $1.13
Description: Cloud Computing Services
Cornerstone OnDemand, Inc. engages in the provision of learning and talent management solutions delivered as Software-as-a-Service.
It is also involved in providing support packages; client success framework; technical consulting; and content, implementation, business consulting, and educational services.
News:
- Cornerstone Ondemand Says Company Will Eliminate About 270 Positions As Part Of Co's Acquisition Of Saba Software
- Reports Q1 (Mar) earnings of $0.23 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.25; revenues rose 7.2% year/year to $150.1 mln vs the $147.76 mln S&P Capital IQ Consensus.
- Commentary: "Our first quarter was progressing well until the COVID-19 pandemic headwinds began to slow new sales at the end of March. To offset the impact of these headwinds, we have been able to augment and accelerate the synergies from the Saba acquisition as our integration progresses ahead of plan. We now expect to realize $50 million in run-rate synergies as we exit 2020, as compared to our prior guidance of $35 million over twenty-four months... even under extreme scenarios, such as assuming no new sales through the end of 2021, we still expect to increase our cash balances through the end of 2021. This gives us a high level of confidence in our ability to weather this storm."
EV: $2.23B
MC: $2.39B
EBITDA Margins 26%
Revenue Growth: 29.8%
Valuation
Actual LTM Consensus
EV / Revenue: 3.80x 2.98x
EV / EBITDA: 16.87x 11.13x
EV / EBIT: 23.65x 15.50x
Price / Earnings: 32.25 33.11x
Financials
Actual LTM Consensus
Revenue: $586.54M $748.23M
EBITDA: $131.97M $200.09M
EBIT: $94.16M $143.64M
EPS: $1.16 $1.13