Instructure Reports First Quarter 2017 Financial Results

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Go back to Instructure Reports First Quarter 2017 Financial Results

Instructure, Inc. (INST) PT Raised to $30 at Jefferies; Reiterates Buy

May 2, 2017 9:15 AM EDT

Jefferies raised its price target on Instructure, Inc. (NYSE: INST) to $30.00 (from $27.00) while maintaining a Buy rating. INST reported 1Q revenues of $34.0M and non-GAAP EPS of ($0.33), ahead of the Street's $32.9M and ($0.37), and guidance of $32.6-33.2M and ($0.39)-($0.37).

2Q revenue... More

Instructure, Inc. (INST) PT Raised to $33 at Needham & Company Following Solid 1Q

May 2, 2017 7:22 AM EDT

Needham & Company raised its price target on Instructure, Inc. (NYSE: INST) to $33.00 (from $28.00) while maintaining a Strong Buy rating. INST reported 1Q revenues of $34.0mm, ahead of $32.4mm estimates. EPS was reported at ($0.33) ahead of ($0.38) estimates.

The company raised FY17 revenue guidance up from... More