Cornerstone OnDemand (CSOD +15.7%) surges to new highs following its Q2 report. While results...

|About: Cornerstone OnDemand, Inc. (CSOD)|By:, SA News Editor

Cornerstone OnDemand (CSOD +15.7%) surges to new highs following its Q2 report. While results were only in-line, bookings jumped 31% Q/Q and 51% Y/Y to $31.5M, above revenue of $26.7M. Also, the cloud HR software vendor guided on its earnings call for 2012 revenue of $115.5M-$117.5M and EPS of -$0.26 to -$0.30 - the latter is in-line, but the former is above a $115.2M consensus.