Instructure Holdings Inc - INST STOCK NEWS

Instructure Holdings, Inc. (INST) will release Q1 2024 financial results on May 8, 2024. Conference call scheduled at 3:00 p.m. MT. Replay available until May 15, 2024.

Parchment, an Instructure company, partners with Xello to streamline the delivery of college application documents, benefiting K-12 counselors, higher education admissions offices, and learners. The partnership enables secure transmission of academic credentials to over 5.5K admissions offices, making the process faster and more efficient.

Parchment Diploma Services, an Instructure company, introduces a groundbreaking print and digital diploma solution for K-12, revolutionizing how students showcase their achievements. The service offers both traditional print diplomas and digital, shareable, and verifiable diplomas, catering to the modern education and employment landscape. Parchment's Diploma Services provide benefits for students, administrators, schools, and districts, enhancing the graduation experience and simplifying diploma management.

Instructure Holdings, Inc. (NYSE: INST) announced its participation in upcoming investor conferences where key executives will present and meet with investors. The conferences include Morgan Stanley Technology, Media & Telecom Conference on March 5, 2024, and Raymond James Institutional Investor Conference on March 6, 2024.

Instructure Holdings, Inc. reports record full-year revenues of $530.2 million, with an increase of 11.6% compared to the prior year. The company also achieved a record Adjusted EBITDA of $214.2 million, a 19.3% increase, and a Cash flow from operations of $164.0 million, up by 16.9%. Instructure acquired Parchment, the world's leading credentialing platform, expanding its scale and reach.

Instructure Holdings, Inc. (NYSE: INST) 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. This acquisition is expected to significantly expand Instructure's existing customer base and unlock exciting new growth opportunities. The addition of Parchment to the Instructure ecosystem enables customers to offer flexible lifelong learning experiences to non-traditional learners. The acquisition adds another key element to the Instructure ecosystem, providing a seamless way for learners to demonstrate skill mastery throughout their journey.

Instructure Holdings, Inc. announced the release of financial results for the fourth quarter and fiscal year ended December 31, 2023. The conference call to discuss the results will be held on Tuesday, February 20, 2024. Participants can register for the call and access it through various channels. A live audio webcast and a replay will also be available on Instructure's investor relations website.

Instructure's Canvas learning management system (LMS) has been selected by the Montana University System (the MUS) as part of a major statewide initiative to transform and modernize its learning experience, benefiting over 40,000 students across 11 institutions. The move aims to increase student success, provide flexible learning environments, and extend student access regardless of geographic location. The MUS chose Instructure based on factors such as ease of use, mobile-friendliness, strong analytics, Canvas Commons, and flexible interoperability with outside tools.

Instructure (INST) announced Rachel Orston as its new Chief Customer Officer. Orston brings over 25 years of experience strengthening customer relationships in various organizations and a deep passion for education. Her leadership experience at various companies, including Fortune 100 businesses and startups in various industries, will prove instrumental as Instructure continues to scale to meet the evolving needs of international customers. 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. Former Chief Customer Experience Officer Melissa Loble now assumes the newly-created Chief Academic Officer role full-time to further elevate the educator experience and surround customers with academic expertise. Orston joins Instructure at a time of significant growth, as customers adopt new solutions within the Instructure Learning Platform to fulfill the evolving demands of the learning experience, integrates recent acquisitions and evolves to meet the needs of lifelong learners.