Instructure (INST) Tops Q3 EPS by 5c ; Offers Guidance

Instructure (NYSE: INST) reported Q3 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $134.9 million versus the consensus estimate of $132.17 million.

GUIDANCE:

Instructure sees Q4 2023 revenue of $133.3-135.3 million, versus the consensus of $134.2 million.

Instructure sees FY2023 revenue of $528-530 million, versus the consensus of $526.9 million.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Stifel Reiterates Buy Rating on FedEx (FDX) Ahead of Q4 Earnings
• Morgan Stanley sees little room left in steel rally, cuts Cleveland-Cliffs rating