Instructure (INST) reported their third quarter yesterday. Fighting2016 did a great review here: http://discussion.fool.com/inst-2017q3-data-update-32880013.aspx…
I’m just going to highlight a few things:
Revenue: 42.9M (up 42% YoY), expected was 40.6M
(Subscription and support revenue was up 45%)
EPS: -0.27, expected was -0.31
CFFO: 43.6M (up 101% YoY)
Deferred Revenue: 109.3M
Gross Profit grew 42% while OpEx grew 27%
GAAP loss: 29% of revenue, vs 41% of revenue in YoY quarter
Valuation Metrics
Share price: $34.85
Shares Outstanding: 29.5M
Mkt Cap: 1.03B
PS Ratio: 7.0
They also announced a new corporate product, Bridge Perform, to complement Bridge Learn.
Looking good!
Bear
happy INST owner