Instructure Inc (INST) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $-0.42 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $-0.48. The company posted revenue of $23.30 million in the period, compared to analysts expectations of $22.39 million. The company’s revenue was up 59.6% compared to the same quarter last year.
In a different news, on Nov 18, 2015, Lloyd G Waterhouse (director) purchased 18,750 shares at $16.00 per share price. According to the SEC, on Nov 18, 2015, Ellen Levy (director) purchased 4,687 shares at $16.00 per share price. On Nov 18, 2015, William M Conroy (director) purchased 15,625 shares at $16.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Instructure Inc is a United States-based technology company. The Company provides instructors and students with tools and resources. Instructure offers Canvas which is a learning management system as well as Canvas Network online courses by educators everywhere – from Ivy League institutions to community colleges. The Companys technology is used by 400+ colleges universities and school districts.