SANTA MONICA, Calif. (AP) _ Cornerstone OnDemand Inc. (CSOD) on Thursday reported a loss of $12.5 million in its first quarter.

On a per-share basis, the Santa Monica, California-based company said it had a loss of 19 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 70 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The developer of human-resources software posted revenue of $209.3 million in the period.

For the current quarter ending in July, Cornerstone OnDemand said it expects revenue in the range of $208 million to $210 million.

The company expects full-year revenue in the range of $851 million to $859 million.

Cornerstone OnDemand shares have declined nearly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $41.92, a rise of 22% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSOD at https://www.zacks.com/ap/CSOD

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