INST Reports 3rd Quarter 2017 Results

Q3 2017 Revenue of $42.9 Million, Up 42% Year-Over-Year

SALT LAKE CITY, Oct. 30, 2017 /PRNewswire/ – Instructure, Inc. (NYSE:INST), a leading software-as-a-service (SaaS) technology company that makes software that makes people smarter, today announced its financial results for the third quarter ended September 30, 2017.

“We had a solid third quarter, delivering 42% revenue growth while posting continued improvements to our operating margin,” said Josh Coates, CEO at Instructure. “Strong adoption of both Canvas and Bridge as well as exceptional customer satisfaction give us confidence in our ability to continue to expand our leadership position.”…