Instructure (INST) Tops Q1 EPS by 4c, Beats on Revenue; Positive FY17 Guidance

Instructure (NYSE: INST) reported Q1 EPS of ($0.33), $0.04 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $34 million versus the consensus estimate of $32.89 million.

GUIDANCE:

Instructure sees FY2017 EPS of ($1.26)-($1.29), versus the consensus of ($1.31). Instructure sees FY2017 revenue of $150.7-150.2 million, versus the consensus of $150.37 million.

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

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