Instructure Reports Third Quarter 2018 Financial Results

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Instructure (INST) Tops Q3 EPS by 8c, Revenues Beat; Boosts FY18 EPS/Revenue Outlook Above Consensus

October 29, 2018 4:37 PM EDT

Instructure (NYSE: INST) reported Q3 EPS of ($0.15), $0.08 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $55.24 million versus the consensus estimate of $53.93 million.

"We delivered a solid third quarter with $55.2 million in revenue and realized meaningful year-over-year improvements... More