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

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.

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