Upgrade to SI Premium - Free Trial

Instructure (INST) Tops Q2 EPS by 8c; Boosts FY16 Outlook

August 1, 2016 4:15 PM

Instructure (NYSE: INST) reported Q2 EPS of ($0.44), $0.08 better than the analyst estimate of ($0.52). Revenue for the quarter came in at $25.89 million versus the consensus estimate of $24.31 million.

GUIDANCE:

Instructure sees FY2016 EPS of ($1.75)-($1.70), versus prior guidance of ($1.87)-($1.81). Instructure sees FY2016 revenue of $110.8-112.0 million, versus prior guidance of $108-110 million.

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

Categories

Earnings Guidance Hot Guidance

Next Articles