Why Cornerstone OnDemand Stock Plummeted Tuesday
Shares of software-as-a-service specialist Cornerstone OnDemand (NASDAQ: CSOD) were slammed on Tuesday following the company's fourth-quarter results.
While Cornerstone's fourth-quarter revenue and non-GAAP (adjusted) earnings per share were better than expected, a soft outlook for first-quarter revenue seems to have raised concerns for analysts and spooked investors.
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Source Fool.com
