Instructure (INST) Reports In-Line Q4 EPS; offers guidance

(Updated - February 20, 2024 6:04 PM EST)

Instructure (NYSE: INST) reported Q4 EPS of ($0.04), $0.27 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $135.4 million versus the consensus estimate of $134.62 million.

GUIDANCE:

Instructure sees FY2024 revenue of $655-665 million, versus the consensus of $580 million.

Non-GAAP Operating Income* of $260.5 million to $265.5 million,

Adjusted EBITDA* of $266.5 million to $271.5 million,

Non-GAAP Net Income* of $105.5 million to $110.5 million and Adjusted Unlevered Free Cash Flow* of $259.5 million to $264.5 million

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

You May Also Be Interested In

• Are we witnessing a fundamental or speculative rally in the S&P 500?
• Morgan Stanley lifts MU and SNDK targets, sees 2-3 years of tight memory supply
• Tilly's, Inc. (TLYS) Tops Q1 EPS by 44c ; offer guidance