Instructure (INST) Tops Q2 EPS by 2c

Instructure (NYSE: INST) reported Q2 EPS of ($0.24), $0.02 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $50.1 million versus the consensus estimate of $49.47 million.

GUIDANCE:

Instructure sees Q3 2018 EPS of ($0.25)-($0.23), versus the consensus of ($0.22). Instructure sees Q3 2018 revenue of $53.6-54.2 million, versus the consensus of $54.54 million.

Instructure sees FY2018 EPS of ($0.93)-($0.87), versus the consensus of ($0.90). Instructure sees FY2018 revenue of $205.1-209.5 million, versus the consensus of $207.8 million.

For earnings history and earnings-related data on Instructure (INST) click here.

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