Instructure Q1 revenue $155.5M (+20.7% YoY); adj. EBITDA margin 41.8% +430 bps

INSTRUCTURE HOLDINGS, INC.

2024-Q1 EPS reported -$0.15 revenue$155,455,000

Revenue $155.5M, up 20.7% YoY; GAAP net loss margin improved 440 bps to (13.6)%.
Adjusted EBITDA margin expanded 430 bps year-over-year to 41.8%.
CEO states results exceeded all guided metrics; Parchment acquisition integration underway.
Subscription revenue growth driven by platform expansion and customer retention.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INSTRUCTURE HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $155.5 Million.

Period: first quarter ended March 31, 2024
Revenue: $155.5 Million
Result: reported results

Exact text from the filing

Instructure Reports First Quarter 2024 Financial Results Total Revenue Grows 20.7% Year-over-Year to $155.5 Million

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Source: SEC EDGAR

accession 0000950170-24-055639

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