Instructure (INST) Misses Q1 EPS by 9c; Offers Guidance

Instructure (NYSE: INST) reported Q1 EPS of $0.19, $0.09 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $128.84 million versus the consensus estimate of $125 million.

GUIDANCE:

Instructure sees Q2 2023 revenue of $128.5-129.5 million, versus the consensus of $125.2 million.

Instructure sees FY2023 revenue of $521.3-525.3 million, versus the consensus of $522 million.

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

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