2023-07-31 16:22:15 ET
- Instructure press release ( NYSE: INST ): Q2 GAAP EPS of -$0.08 misses by $0.02 .
- Revenue of $131.1M (+14.4% Y/Y) beats by $2.01M .
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Based on information as of today, July 31, 2023, the Company is issuing the following financial guidance.
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Third Quarter Fiscal 2023:
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Revenue is expected to be in the range of $132.0 million to $133.0 million
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Non-GAAP operating income* is expected to be in the range of $51.2 million to $52.2 million
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Adjusted EBITDA is expected to be in the range of $52.5 million to $53.5 million
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Non-GAAP net income is expected to be in the range of $29.1 million to $30.1 million
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Full Year 2023:
- Revenue is expected to be in the range of $524.0 million to $528.0 million
- Non-GAAP operating income is expected to be in the range of $198.5 million to $202.5 million
- Adjusted EBITDA is expected to be in the range of $203.5 million to $207.5 million
- Non-GAAP net income is expected to be in the range of $113.0 million to $117.0 million
- Adjusted Unlevered Free Cash Flow is expected to be in the range of $207.0 million to $211.0 million
For further details see:
Instructure GAAP EPS of -$0.08 misses by $0.02, revenue of $131.1M beats by $2.01M