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 (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.