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Instructure Holdings, Inc. - INST STOCK NEWS

Welcome to our dedicated page for Instructure Holdings news (Ticker: INST), a resource for investors and traders seeking the latest updates and insights on Instructure Holdings stock.

Instructure Holdings, Inc. (NYSE: INST) is a leading education technology company committed to enhancing student success, empowering teachers, and fostering collaborative learning environments. The company's flagship product, Canvas LMS, is a robust, cloud-based learning management system widely adopted by K-12 schools, higher education institutions, and professional education providers. In addition to Canvas LMS, Instructure's comprehensive suite includes Canvas Studio, Canvas Catalog, Mastery Assessment, and the recently acquired Parchment, among others.

Instructure's mission is to create solutions that amplify the power of teaching and elevate the learning process. The company's open, extendable, and configurable platform is designed to meet the diverse needs of educational institutions globally, improving student outcomes and providing a seamless learning experience.

In recent news, Instructure reported its financial results for the third quarter of 2023, showcasing strong business performance with best-in-class margin and record cash flow. The company also announced its acquisition of Parchment, the world's largest credential management platform. This strategic move is expected to significantly expand Instructure's customer base and open new growth opportunities by integrating digital credentialing into its learning platform.

Instructure's partnerships and integrations further bolster its offerings. Notably, a collaboration with Lucid Software will soon provide all Canvas users access to the Lucid Education Suite, enhancing the collaborative and visual learning experience.

Financially, Instructure continues to demonstrate robust performance and growth. For the full year 2023, the company reported increased revenue and adjusted unlevered free cash flow, driven by strong business execution and strategic acquisitions. Management remains confident in its ability to sustain growth and deliver value to shareholders.

With a focus on innovation and a commitment to education, Instructure is well-positioned to continue leading the edtech industry and support the evolving needs of educators and learners worldwide. For more information, visit www.instructure.com.

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Instructure Holdings, Inc. (NYSE: INST) has announced its upcoming second quarter 2024 earnings release and conference call. The company will disclose its financial results for the quarter ended June 30, 2024, after the market closes on Thursday, August 1, 2024. A conference call to discuss the results is scheduled for the same day at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).

Participants can join the call by registering through a provided link or by dialing 1-888-596-4144 (U.S. and Canada) or 1-646-968-2525 (International) using conference code 6925245. A live audio webcast will be available on Instructure's investor relations website. A replay of the call will be accessible until August 8, 2024, via the website or by phone using the same conference code.

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Instructure has introduced Intelligent Insights, an AI-driven analytics product designed for educational institutions. This product integrates with Canvas LMS through the new Analytics Hub, offering real-time, self-service reporting capabilities.

Key features include 'Ask Your Data,' a conversational AI for querying data, 'Students in Need of Attention' for proactive student monitoring, 'Course Readiness' for assessing course preparedness, and 'LTI Usage Reporting' for tracking third-party tool usage.

This initiative aims to enhance teaching efficiency and student success by automating historically manual tasks. Early adopters include institutions like San Diego State University, Oxford University, and Cornell University. Intelligent Insights is now available globally.

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Instructure has announced significant AI-driven enhancements to its learning ecosystem at the InstructureCon 2024 conference. The updates include the integration of Khan Academy's Khanmigo Teacher Tools within Canvas, aimed at improving educator efficiency and student success. New AI features focus on AI-assisted content generation, holistic AI policy support, and data transparency with 'AI nutrition fact' labels. Instructure also launched the Intelligent Insights product, leveraging AI and analytics to aid educators in data-driven decision-making. Other notable updates include enhanced discussion summaries, real-time translation tools, and improved search functionalities within Canvas. These innovations aim to streamline teaching and learning, making AI a core component of educational workflows.

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Instructure has announced the creation of the EdCo Partner Program at InstructureCon, designed to elevate teaching and learning excellence. This program supports partners focused on enhancing student success by connecting directly with educators and students within the Instructure Learning Ecosystem.

The EdCo Partner Program, part of the EdTech Collective, includes new categories like integration, evidence, strategic, and solution partners. New members joining the program include Salesforce, Grammarly, and Inspera, all integrating their technologies to improve educational experiences and outcomes.

The EdTech Collective, launched in 2021, now encompasses over 1,000 partners, offering unique tools to build solutions, drive adoption, and grow impact. Partners can earn badges and receive tailored support to address significant challenges such as high teacher turnover and low student test scores. Close to 65 partners will attend InstructureCon to connect with users and demonstrate solutions.

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Instructure Holdings (NYSE: INST) announced the acquisition of Scribbles, a leading provider of credentialing and records management solutions for K-12 school districts across the U.S. This strategic move aims to enhance Instructure's credentialing network, particularly in K-12 education, and improve support for district transfers and student mobility.

Steve Daly, CEO of Instructure, highlighted Scribbles' role in strengthening the company's ecosystem and enhancing capabilities for credential validation, transfer, and storage. The acquisition aligns with Instructure's goal to facilitate seamless enrollment and student transfer solutions for parents, schools, and districts. Scribbles, based in Charlotte, N.C., has around 35 employees. Terms of the deal were not disclosed.

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Instructure announces keynote speakers for InstructureCon 2024, taking place from July 9-11 at the Venetian Resort in Las Vegas. Key speakers include Jimmy Chin, Mary Murphy, and Dr. Jordan Nguyen. The event will feature over 260 sessions focused on AI, lifelong learning, and classroom-tested best practices. Attendees will engage with Instructure's partner community, which comprises over 1,000 partners, including 65 event sponsors. Notable sponsors include AWS, K16 Solutions, and Lincoln Learning Solutions. The conference will also highlight new AI-driven innovations aimed at enhancing the learning experience.

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Instructure has launched an offline access feature for its Canvas Student mobile app, marking a significant advancement in equitable learning. This feature allows students to download and access pre-selected course materials without internet connectivity. A recent study by Hanover Research highlighted that 82% of higher education students see technology access as a socioeconomic barrier. The offline mode supports Instructure's mission to improve accessibility and equity in education, enabling users to manage content automatically and sync changes once reconnected. The app's interface is interactive, supports multiple users on shared devices, and can be customized at the institution level. The new feature is now available on iOS and Android.

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LearnPlatform by Instructure has released its seventh EdTech Top 40 report, detailing the use of digital tools in K-12 education during the 2023-24 school year.

The report shows an 8% increase in the number of unique edtech tools accessed compared to the previous year, with 3.9 million student and teacher interactions recorded.

On average, K-12 institutions accessed 2,739 distinct tools annually and 1,436 tools monthly. The report highlights the importance of selecting interoperable, effective, and safe tools.

New entrants to the Top 40 include PBS, Panorama Education, Scratch, Adobe, and Grammarly, reflecting the rise of AI technology in schools.

32% of the tools in the 2024 EdTech Top 40 have ESSA-aligned research supporting their effectiveness. The data was gathered from over 57 billion engagements across more than 9,000 products.

All data complies with federal and state privacy laws, ensuring student data protection.

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Instructure Holdings (NYSE: INST) announced that CFO Peter Walker will present at the Baird Global Consumer, Technology & Services Conference in New York City on June 4, 2024, at 10:50 a.m. ET. The presentation will be available via webcast, with a -time archive on the company's investor relations website. Instructure is an education technology company that supports millions of educators and learners worldwide through its Learning Platform.

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Instructure, collaborating with Internet2, announced the formation of a Data Governance Advisory Council to tackle higher education's data management and archiving needs. This council includes members from both Instructure and Internet2, as well as representatives from various educational institutions globally. Their goal is to recommend data hygiene and governance standards while addressing challenges like student data privacy and security. The council will share research findings and provide guidance for consistent data governance policies. This initiative aims to support the edtech industry through research and strategy development, ultimately enhancing operational efficiency and student protection.

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FAQ

What does Instructure Holdings, Inc. do?

Instructure Holdings, Inc. develops education technology solutions, including the widely used Canvas Learning Management System, to enhance teaching and learning for K-12, higher education, and professional education institutions.

What is Canvas LMS?

Canvas LMS is Instructure's flagship cloud-based learning management system that facilitates online learning and teaching for educators and students.

What recent acquisition has Instructure announced?

Instructure recently announced the acquisition of Parchment, a leading academic credential management platform.

How does Instructure support collaborative learning?

Instructure supports collaborative learning through integrations like the Lucid Education Suite, which includes tools for virtual whiteboarding and diagramming within Canvas LMS.

What financial performance did Instructure report for Q3 2023?

Instructure reported strong financial performance for Q3 2023, including best-in-class margins, record cash flow, and significant growth in revenue and adjusted unlevered free cash flow.

How does Instructure aim to improve student outcomes?

Instructure aims to improve student outcomes by providing an open, extendable, and configurable learning platform that supports diverse educational needs and enhances the learning process.

What is the significance of Instructure's acquisition of Parchment?

The acquisition of Parchment is significant as it integrates the world's largest academic credentialing platform into Instructure's offerings, expanding its customer base and enabling new growth opportunities.

What are some products included in the Instructure Learning Platform?

The Instructure Learning Platform includes products such as Canvas LMS, Canvas Studio, Canvas Catalog, Mastery Assessment, and Canvas Credentials, among others.

How can I learn more about Instructure?

You can learn more about Instructure by visiting their official website at www.instructure.com.

What is Instructure's mission?

Instructure's mission is to elevate student success, amplify the power of teaching, and inspire everyone to learn together.

Instructure Holdings, Inc.

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