INST - Instructure GAAP EPS of -$0.04 beats by $0.03 revenue of $124.7M beats by $3.41M

February, 13 2023 04:20 PM Instructure Inc.

Instructure press release ( NYSE: INST ): Q4 GAAP EPS of -$0.04 beats by $0.03 .
Revenue of $124.7M (+12.7% Y/Y) beats by $3.41M .
Based on information as of today, February 13, 2023, the Company is issuing the following financial guidance. First Quarter Fiscal 2023:
Revenue is expected to be in the range of $126.5 million to $127.5 million
Non-GAAP operating income is expected to be in the range of $45.9 million to $46.9 million
Adjusted EBITDA is expected to be in the range of $47.0 million to $48.0 million
Non-GAAP net income is expected to be in the range of $25.7 million to $26.7 million
Full Year 2023:
Revenue is expected to be in the range of $519.4 million to $523.4 million
Non-GAAP operating income is expected to be in the range of $193.4 million to $197.4 million
Adjusted EBITDA is expected to be in the range of $198.0 million to $202.0 million
Non-GAAP net income is expected to be in the range of $109.2 million to $113.2 million
Adjusted Unlevered Free Cash Flow* is expected to be in the range of $200.0 million to $204.0 million

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