Instructure (INST) Tops Q4 EPS by 14c, Revenues Beat; Offers Q1 & FY19 EPS/Revenue Guidance
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Instructure (NYSE: INST) reported Q4 EPS of ($0.01), $0.14 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $56.25 million versus the consensus estimate of $55.8 million.
"In 2018, we grew revenue 30% year over year, enhanced our operating structure, and defined and launched our growth initiatives," said Dan Goldsmith, CEO of Instructure. "With a strong management team in place and a clear focus on growth and operational excellence, Instructure is well-positioned for success in 2019 and beyond."
GUIDANCE:
Instructure sees Q1 2019 EPS of ($0.16)-($0.14), versus the consensus of ($0.16). Instructure sees Q1 2019 revenue of $56.9-57.5 million, versus the consensus of $59.44 million.
Instructure sees FY2019 EPS of ($0.65)-($0.59), versus the consensus of ($0.55). Instructure sees FY2019 revenue of $256-260 million, versus the consensus of $258.91 million.
For earnings history and earnings-related data on Instructure (INST) click here.
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