Instructure Holdings

Instructure Holdings, Inc. engages in the development and provision of cloud-based learning management, assessment and performance systems. The company was founded in 2008 and is headquartered in Salt Lake City, UT.

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Earnings data Q4 2024

Instructure Holdings exceeds Q4 expectations, eyes cross-selling for growth

Instructure Holdings' Q4 2022 Earnings Call showcased exceptional performance, with strong revenue and EBITDA growth. The company's strategic strengths in new logo wins, cross-selling, and operational efficiency position it well for continued success.
While facing challenges in international markets and specific industry segments, Instructure Holdings can seize opportunities in cross-selling, digital transformation, and leveraging stimulus funds for sustained growth in 2023.

Instructure Holdings (INST) surpasses Q1 revenue targets, eyes AI growth

Instructure Holdings (INST) delivered strong Q1 2023 results, driven by key areas like new logo sales, platform strategy, and international growth. The company's focus on cross-selling, acquisitions, and operational efficiency positions it well for future growth despite potential challenges.

Instructure Holdings (INST) reports robust Q2 performance and eyes international growth opportunities

Instructure Holdings (INST) delivered strong Q2 results with revenue growth and improved EBITDA margins. The company's strategic partnerships and focus on nontraditional education present avenues for sustained growth.
While facing challenges such as market competition and evolving educational needs, INST can capitalize on opportunities in international markets, consolidation strategies, and digital transformation in education.
Guidance for Q3 and full-year 2023 indicates a positive outlook, with revenue expectations and margin projections aligning with the company's growth trajectory. INST's financial performance and market positioning are poised for continued success.

Instructure Holdings beats Q3 expectations, eyes growth through acquisitions

Instructure Holdings reported strong Q3 performance, exceeding revenue guidance and showcasing growth in key segments. The acquisition of Parchment and leadership in education systems position the company for future success.
While challenges persist in higher education, Instructure remains optimistic about its competitive position and growth prospects. The company's focus on innovation and market-leading products presents opportunities for sustained growth.
With a new CFO onboard and strategic acquisitions driving expansion, Instructure is navigating industry challenges and leveraging opportunities for long-term success. The company's diverse product offerings and market position bode well for future growth.

Instructure reports robust Q4 performance and eyes international expansion

Instructure's Q4 2023 performance showed revenue growth, strong subscription numbers, and margin expansion, with full-year results reflecting record revenues and EBITDA growth.
The company's strategic strengths include acquisitions targeting nontraditional learners, competitive wins, and a focus on AI innovation, while challenges include longer deal cycles and capital allocation complexities.
Opportunities lie in growth pillars like international expansion, AI monetization, and margin optimization, positioning Instructure for sustained growth and market share gains.

Instructure Holdings (INST) exceeds Q1 expectations, eyes sustained growth

Instructure Holdings (INST) delivered strong Q1 results, surpassing guidance and showcasing robust revenue and margin growth, driven by strategic wins and investments.
The company's focus on innovation, customer success, and market positioning highlights their commitment to sustainable growth and profitability.
While facing challenges from market uncertainties and technology consolidation, Instructure remains optimistic about growth opportunities and margin expansion in the upcoming quarters.
Strategic initiatives targeting nontraditional learners, larger deals, and a diversified go-to-market strategy position Instructure for continued success and market leadership.

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Instructure Holdings, Inc. engages in the development and provision of cloud-based learning management, assessment, and performance systems. The company was founded in September 2008 and is headquartered in Salt Lake City, UT.

SALT LAKE CITY , May 9, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure") today announced that company management will present at the upcoming investor conferences: 19th Annual Needham Technology, Media & Consumer Conference. On Thursday, May 16, 2024, Chief Financial Officer Peter Walker and Chief Strategy Officer Mitch Benson will virtually host a presentation at 12:45 p.m.

Instructure to Present at Upcoming Investor Conferences

Instructure Holdings, Inc. (NYSE:INST ) Q1 2024 Results Conference Call May 8, 2024 5:00 PM ET Company Participants Matthew Wells - Senior Vice President, Investor Relations Steve Daly - Chief Executive Officer Peter Walker - Chief Financial Officer Conference Call Participants Jessica Ng - Raymond James Noah Herman - JPMorgan Josh Baer - Morgan Stanley Stephen Sheldon - William Blair Joe Vruwink - Baird Matt Shea - Needham George Kurosawa - Citi Devin Au - KeyBanc Capital Markets Connor Passarella - Truist Securities Matt VanVliet - BTIG Operator Ladies and gentlemen, thank you for standing by, and welcome to Instructure's First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Instructure Holdings, Inc. (INST) Q1 2024 Earnings Call Transcript

Total Revenue Grows 20.7% Year-over-Year to $155.5 Million GAAP Net Loss Margin Decreases 440 Basis Points Year-over-Year to (13.6)% Adjusted EBITDA Margin Expands 430 Basis Points Year-over-Year to 41.8% SALT LAKE CITY , May 8, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST) today announced financial results for the first quarter ended March 31, 2024. "Our first quarter results exceeded all guided metrics and demonstrate the durability, operational scale, and breadth of the Instructure platform," said Steve Daly, Instructure CEO.

Instructure Reports First Quarter 2024 Financial Results

Available for teachers and students in Canvas worldwide at no extra cost SALT LAKE CITY , April 11, 2024 /PRNewswire/ -- Instructure , the leading learning ecosystem, today announced an exclusive Canvas collaborative learning experience for all Canvas customers, powered by Lucid Software, a leader in visual collaboration. Beginning on June 15, 2024, all Canvas customers worldwide will have access to the Lucid Education Suite, which empowers teachers and students with visual collaboration solutions anytime and anywhere within Canvas, at no additional cost.

Instructure Announces Exclusive Canvas Collaborative Learning Experience Powered by Lucid Software, Leader in Visual Collaboration

SALT LAKE CITY , April 10, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), today announced that it will release financial results for the first quarter ended March 31, 2024 after the market closes on Wednesday, May 8, 2024. Instructure will hold a conference call to discuss the results that same day at 3:00 p.m.

Instructure to Report First Quarter 2024 Earnings Results and Host Conference Call on May 8, 2024

Xello Now Connects to Parchment's Largest College Receiving Network in the World SALT LAKE CITY, March 14, 2024 /PRNewswire/ -- Today Parchment, an Instructure company, the industry leader in academic credentials management, announced a partnership with Xello, the award-winning K-12 college and career readiness program, to securely deliver students' college application documents to higher education institutions and organizations using Parchment's widely adopted credential inbox, Parchment Receive . The partnership brings Parchment's national network of higher education admissions offices to thousands of high schools using Xello's K-12 online program, which will make the process of sending and receiving official documents faster and more secure.

Parchment Expands Unified Inbox Partner Program with Xello to Enable More Learners to Securely Share Admissions Documents

Parchment Diploma Services Enhances Student Mobility With Print and Digital High School Diplomas SALT LAKE CITY , Feb. 27, 2024 /PRNewswire/ -- Today Parchment, an Instructure company, the leader in academic credentials management, announced the first and only print and digital diploma solution for K-12. Parchment Diploma Services makes it easy for schools, districts, and state agencies to give their students a traditional graduation experience while communicating their achievements in today's world with a digital, shareable, and verifiable diploma.

PARCHMENT INTRODUCES LEARNER-CENTERED DIPLOMA SOLUTION FOR K-12 SCHOOLS AND DISTRICTS TO MEET THE NEEDS OF A DIGITAL WORLD

SALT LAKE CITY , Feb. 21, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that company management will attend the following upcoming investor conferences: Tuesday, March 5, 2024 at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco: Chief Executive Officer Steve Daly and President and Chief Operating Officer Chris Ball will present at approximately 8:45am PT and meet with investors. The webcast can be viewed here.

Instructure to Attend Upcoming Investor Conferences

Instructure Holdings, Inc. (INST) Q4 2023 Earnings Call Transcript

Instructure Holdings (INST) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.20 per share a year ago.

Instructure Holdings (INST) Q4 Earnings Match Estimates

Reports Record Full Year Revenues, Adjusted EBITDA, and Adjusted Unlevered Free Cash Flow Expands Scale and Reach of the Instructure Platform by Acquiring Parchment, the World's Leading Credentialing Platform SALT LAKE CITY , Feb. 20, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST) today announced financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Highlights: (All results compared to prior-year period unless otherwise noted) Record Revenues of $530.2 million, an increase of 11.6% Net loss of $34.1 million, a slight improvement over prior year Record Adjusted EBITDA* of $214.2 million, an increase of 19.3%, and Adjusted EBITDA Margin* of 40.4% Cash flow from operations of $164.0 million, an increase of 16.9% and Adjusted Unlevered Free Cash Flow* of $225.5 million, an increase of 29.9% Fourth Quarter 2023 Highlights: (All results compared to prior-year period unless otherwise noted) Revenues of $135.4 million, an increase of 8.5% Net loss of $5.8 million, comparable to prior year Adjusted EBITDA* of $56.5 million, an increase of 16.1%, and Adjusted EBITDA Margin* of 41.7% Cash flow from operations of $36.7 million, an increase of over 100%, and Adjusted Unlevered Free Cash Flow* of $51.3 million, an increase of 74.8% 2024 Full Year Guidance: Full year 2024 guidance ranges for Revenue of $655.0 million to $665.0 million, Non-GAAP Operating Income* of $260.5 million to $265.5 million, Adjusted EBITDA* of $266.5 million to $271.5 million, Non-GAAP Net Income* of $105.5 million to $110.5 million and Adjusted Unlevered Free Cash Flow* of $259.5 million to $264.5 million *Non-GAAP Operating Income, Adjusted EBITDA, Non-GAAP Net Income and Adjusted Unlevered Free Cash Flow are non-GAAP measures.

Instructure Reports Fourth Quarter and Full Year 2023 Results

Instructure is recommended as a buy due to the synergistic acquisition of Parchment and its modest valuation. There appears to be a valuation mispricing between Instructure and PowerSchool.

Instructure: Undervalued With A Clear Catalyst

Expands Instructure's market-leading teaching and learning ecosystem by providing learners with a lifelong record of their journey SALT LAKE CITY , Feb. 1, 2024 /PRNewswire/ -- Instructure Holdings, Inc. ( Instructure ) (NYSE: INST), the leading learning ecosystem and maker of Canvas, announced today it has completed the acquisition of Parchment, the world's largest credential management platform and network. Parchment has over 13,000 customers and has exchanged more than 165 million credentials over two decades.

Instructure Completes Acquisition of Parchment, the World's Largest Academic Credential Management Platform and Network

SALT LAKE CITY , Jan. 29, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced that it will release financial results for the fourth quarter and fiscal year ended December 31, 2023 after the market closes on Tuesday, February 20, 2024. Instructure will hold a conference call to discuss the results that same day at 3:00 p.m.

Instructure to Report Fourth Quarter and Fiscal Year 2023 Earnings Results and Host Conference Call on February 20, 2024

15 states have now deployed statewide Canvas LMS implementations          SALT LAKE CITY , Jan. 17, 2024 /PRNewswire/ -- Instructure , the leading learning ecosystem and maker of Canvas, today announced that the Montana University System (the MUS), the state's system of public colleges and universities, has selected the Canvas learning management system (LMS) as part of a major statewide initiative to transform and modernize its learning experience and increase student success. By unifying the learning experience on Canvas LMS along with Impact by Instructure and Canvas Credentials, educators across the state system will be able to access foundational, evidence-based edtech solutions to support their instruction.

Montana University System Selects the Instructure Learning Platform to Extend Educational Access to Rural Learners Across the State

SALT LAKE CITY , Jan. 10, 2024 /PRNewswire/ -- Instructure , the leading learning platform and maker of Canvas, today announced Rachel Orston as its new Chief Customer Officer. Instructure's CX team leverages real-world educational experience as it helps customers improve student outcomes, with over half of its CX team having taught or worked in educational institutions.

Instructure Names Rachel Orston as Chief Customer Officer to Build on Legacy of Transformative Customer Experience

SALT LAKE CITY , Dec. 5, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that the Company will be hosting an Investor Day on March 12, 2024 in New York City. The event will be held at the New York Stock Exchange (NYSE) from 9:00 am to 12:00 pm Eastern Time.

Instructure to Host Investor Day in New York City

Instructure (INST) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Instructure (INST) Might be Well Poised for a Surge

The mean of analysts' price targets for Instructure (INST) points to a 25.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Instructure (INST) Climb 25.28% to Reach the Level Wall Street Analysts Expect?

SALT LAKE CITY , Nov. 21, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), the makers of the Canvas Learning Management System, today announced that CEO Steve Daly and CFO Peter Walker will attend the following upcoming investor event: Tuesday, December 5, 2023 at the Raymond James 2023 TMT and Consumer Conference in New York City: company management will present at approximately 11:30am ET and meet with investors. The webcast can be viewed here.

Instructure to Attend Upcoming Investor Conference in New York City

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Technology Services Stocks Highlight New Additions to the Zacks Strong Buy List

Serving visitors from 233 countries and translated into 13 languages, Instructure's Community is a hub for support, learning, sharing and camaraderie for Instructure Learning Platform users worldwide SALT LAKE CITY , Nov. 8, 2023 /PRNewswire/ -- Instructure (NYSE: INST), the leading learning platform and maker of Canvas, today celebrates a significant milestone as it welcomes the 2 millionth member of the Community , the online resource for global users of the Instructure Learning Platform. The Instructure Community, the largest global edtech community which averages more than 57 million page views annually, provides users with up-to-date, quality information and support as they learn about and implement the products in the Instructure Learning Platform like Canvas LMS , Mastery Connect , Impact , LearnPlatform and Elevate.

Largest Edtech User Group, Instructure's Community, Celebrates 2 Million Member Milestone

Instructure Holdings, Inc. (NYSE:INST ) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants David Banks - VP, IR Steve Daly - CEO Dale Bowen - CFO Peter Walker - Incoming CFO Conference Call Participants Stephen Sheldon - William Blair Josh Baer - Morgan Stanley George Kurosawa - Citi Joe Vruwink - Baird Fred Havemeyer - Macquarie Brian Peterson - Raymond James Terry Tillman - Truist Securities Devin Au - KeyBanc Capital Markets Ryan MacDonald - Needham and Company Matthew VanVliet - BTIG Noah Herman - JPMorgan David Lustberg - Jefferies Operator Ladies and gentlemen, thank you for standing by and welcome to Instructure's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Instructure Holdings, Inc. (INST) Q3 2023 Earnings Call Transcript

Instructure Holdings (INST) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.29 per share a year ago.

Instructure Holdings (INST) Tops Q3 Earnings and Revenue Estimates

Third Quarter GAAP Revenue of $134.9 Million Grows 10.2% Year Over Year SALT LAKE CITY , Oct. 30, 2023 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced financial results for the third quarter ended September 30, 2023. "Our third quarter results once again demonstrated the growth and leverage of our business, including best-in-class margin performance and record cash flow and free cash flow," said Steve Daly, Instructure CEO.

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