Instructure (INST) Tops Q1 EPS by 4c, Offers Guidance

Instructure (NYSE: INST) reported Q1 EPS of ($0.11), $0.04 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $58.1 million versus the consensus estimate of $57.24 million.

GUIDANCE:

Instructure sees Q2 2019 EPS of ($0.23)-($0.25), versus the consensus of ($0.17). Instructure sees Q2 2019 revenue of $61.8-62.4 million, versus the consensus of $61.4 million.

Instructure sees FY2019 EPS of ($0.58)-($0.68), versus the consensus of ($0.60). Instructure sees FY2019 revenue of $257-260 million, versus the consensus of $256.8 million.

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

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