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Stock impact report

Instructure Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Instructure Holdings, Inc. (INST) 
Last instructure holdings, inc. earnings: 2/28 04:46 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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. "I couldn't be more pleased with how our team is working to deliver a best-in-class experience to educators, students, and partners as we build momentum bringing Parchment into the Instructure ecosystem." First Quarter 2024 Financial Highlights: (All results compared to prior-year period unless otherwise noted). Given the recent completion of the acquisition of Parchment, Instructure is introducing new non-GAAP financial measures. See "Non-GAAP Financial Measures" for more information. Revenue of $155.5 million , an increase of 20.7%, and Organic Constant Show less Read more
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