Welcome to our dedicated page for Instructure news (Ticker: INST), a resource for investors and traders seeking the latest updates and insights on Instructure stock.
Instructure reports developments across its learning technology ecosystem, led by Canvas LMS for K-12, higher education and workforce learning. News commonly covers Canvas product tiers, AI-supported capabilities such as IgniteAI, migration support for institutions moving from legacy LMS platforms, and partnerships that extend the learning ecosystem.
Company updates also address Canvas Career for skills-first workforce learning, Parchment digital credentials, Mastery Predictive Assessments for K-12 districts, research on skills and lifelong learning, and partnerships serving education, workforce development and correctional learning environments.
Instructure, a leader in education technology, announced its expanded partnerships with key edtech providers such as Canva, InSpace, K16 Solutions, and Tableau to enhance its offerings. These integrations will facilitate the creation of educational content, video communication, and data management within the Canvas Learning Management System. With over 500 partners, Instructure continues to innovate, aiming to support over 30 million educators and learners globally. The annual conference, InstructureCon, showcases these developments, highlighting the importance of community engagement in education technology.
On October 4, 2021, Instructure announced the winners of its 2021 Educator of the Year Awards during InstructureCon 2021. The awards recognize outstanding U.S. educators who excelled in adapting to remote learning and supporting student success amidst the challenges posed by the pandemic. Winners include Angela Girol, Jamie Morlock, Suzanne Denny, Rami Salahieh, Carol Stallworth, and Lucas Myers, each noted for their innovative teaching methods and commitment to student achievement. The event underscores Instructure's dedication to education technology and the importance of effective teaching.
Instructure announced its annual conference, InstructureCon 2021, scheduled for October 7, featuring keynote speakers like will.i.am and Angela Duckworth. This free virtual event aims to connect educators and edtech users globally, with an expected attendance of thousands. Following last year's success with over 20,000 participants, the conference will include networking sessions and product showcases. Instructure aims to support educators amidst ongoing challenges posed by COVID-19, providing a platform for sharing insights and best practices in education technology.
Instructure released its second annual research report on the impact of the pandemic on higher education. Key findings include a growing emphasis on student mental health, with 92% of respondents highlighting its importance for success. Career readiness remains a primary concern, with 84% prioritizing it. The study, surveying over 7,600 individuals across 18 countries, reveals that socioeconomic factors significantly impact engagement. The report aims to guide institutions in adapting to evolving definitions of success in a hybrid learning environment.
Instructure (NYSE: INST) announced its participation in the Jefferies Virtual Software Conference on September 14, 2021, at 10:30 a.m. ET. CEO Steve Daly and CFO Dale Bowen will present insights on the company's educational technology solutions.
Listeners can access the live webcast at ir.instructure.com, with an archived replay available for 30 days post-conference. Instructure currently supports over 30 million learners globally across 6,000 organizations.
Instructure Holdings, Inc. (NYSE: INST) has announced the appointment of Ossa Fisher and Lloyd "Buzz" Waterhouse to its Board of Directors. Ossa Fisher brings extensive experience from Istation and Match.com, while Lloyd Waterhouse has a notable background with McGraw-Hill Education. Both will serve on the Audit Committee. CEO Steve Daly expressed enthusiasm about their contributions towards enhancing educational technology. The appointments aim to strengthen the company's leadership and strategic direction in the education sector.
Instructure Holdings reported strong Q2 2021 results, with GAAP revenue of $93.6 million, marking a 52% year-over-year increase. Allocated Combined Receipts reached $95.9 million, a 28% growth. Despite a GAAP net loss of $21.7 million, the company achieved Non-GAAP operating income of $30.4 million, representing 31.7% of ACR. Cash flow from operations stood at $6.4 million with Unlevered Free Cash Flow of $21.8 million. The company also announced guidance for Q3 and full year 2021, projecting revenues of up to $394.1 million.
Instructure Holdings, Inc. (NYSE: INST) is set to report its financial results for Q2 ended June 30, 2021, on August 17, 2021, post-market close. A conference call will take place at 3:00 p.m. MT (5:00 p.m. ET) to discuss these results. Interested parties can access the call by dialing (833) 921-1674 in the U.S. or (236) 389-2674 internationally, using conference ID 8896213. A replay will be available until August 24, 2021. Instructure is an education technology company supporting over 30 million educators and learners globally.
Instructure announced the pricing of its initial public offering (IPO) of 12,500,000 shares at $20.00 per share. The underwriters have a 30-day option to purchase an additional 1,875,000 shares. Trading under the ticker symbol 'INST' is set to commence on the NYSE on July 22, 2021, with the offering expected to close on July 26, 2021, pending customary conditions. Morgan Stanley, J.P. Morgan, Citigroup, Jefferies, and Macquarie are the bookrunning managers for this offering.
Instructure Holdings has announced its initial public offering (IPO) of 12,500,000 shares of common stock, with an expected price range of $19.00 to $21.00 per share. Additionally, underwriters may purchase up to 1,875,000 additional shares within 30 days. The company's stock will be listed on the New York Stock Exchange under the ticker symbol INST. Major investment banks including Morgan Stanley, J.P. Morgan, and Citigroup are managing the offering.