Instructure Reports Second Quarter 2016 Financial Results
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Needham & Company Raises Price Target on Instructure (INST) to $28 Following 2Q Beat
August 2, 2016 6:55 AM EDTNeedham & Company reiterated a Buy rating on Instructure, Inc. (NYSE: INST), and raised the price target to $28.00 (from $25.00), following the company's 2Q earnings report. INST reported revenue of $25.9mm, ahead of $24.3mm estimates. EPS of ($0.44) was also ahead of estimates of ($0.52). The company raised the bottom and... More
Instructure (INST) Tops Q2 EPS by 8c; Boosts FY16 Outlook
August 1, 2016 4:15 PM EDTInstructure (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... More
