New Relic beats Q2 estimates
Summary
Field training and enablement is underway and we are committed to engaging our significant base and improving execution in the second half. Cornerstone OnDemand, the human capital management software provider published its third quarter results, beating market estimates. "During Q3, we continued to make progress towards many of our strategic and operational goals," founder and CEO Adam Miller said in a statement. " Subscription revenue for the third quarter came to $137.4 million, representing a 15.7 percent increase compared to the same period of the prior year. "More than ever before we are seeing that enterprises have learned to trust the cloud, and company leaders recognize that transforming their customer service experience is a necessity," CEO Rowan Trollope said in a statement.
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