Instructure reports Q1 non-GAAP EPS 22c, consensus 15c

Reports Q1 revenue $155.5M, consensus $154.41M. “Our Q1 results exceeded all guided metrics and demonstrate the durability, operational scale, and breadth of the Instructure platform,” said CEO Steve Daly. “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.”