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Instructure Holdings, Inc. - INST STOCK NEWS

Welcome to our dedicated page for Instructure Holdings news (Ticker: INST), a resource for investors and traders seeking the latest updates and insights on Instructure Holdings stock.

Instructure Holdings, Inc. (NYSE: INST) is a leading education technology company committed to enhancing student success, empowering teachers, and fostering collaborative learning environments. The company's flagship product, Canvas LMS, is a robust, cloud-based learning management system widely adopted by K-12 schools, higher education institutions, and professional education providers. In addition to Canvas LMS, Instructure's comprehensive suite includes Canvas Studio, Canvas Catalog, Mastery Assessment, and the recently acquired Parchment, among others.

Instructure's mission is to create solutions that amplify the power of teaching and elevate the learning process. The company's open, extendable, and configurable platform is designed to meet the diverse needs of educational institutions globally, improving student outcomes and providing a seamless learning experience.

In recent news, Instructure reported its financial results for the third quarter of 2023, showcasing strong business performance with best-in-class margin and record cash flow. The company also announced its acquisition of Parchment, the world's largest credential management platform. This strategic move is expected to significantly expand Instructure's customer base and open new growth opportunities by integrating digital credentialing into its learning platform.

Instructure's partnerships and integrations further bolster its offerings. Notably, a collaboration with Lucid Software will soon provide all Canvas users access to the Lucid Education Suite, enhancing the collaborative and visual learning experience.

Financially, Instructure continues to demonstrate robust performance and growth. For the full year 2023, the company reported increased revenue and adjusted unlevered free cash flow, driven by strong business execution and strategic acquisitions. Management remains confident in its ability to sustain growth and deliver value to shareholders.

With a focus on innovation and a commitment to education, Instructure is well-positioned to continue leading the edtech industry and support the evolving needs of educators and learners worldwide. For more information, visit www.instructure.com.

News

Parchment Expands Unified Inbox Partner Program with Xello to Enable More Learners to Securely Share Admissions Documents

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Parchment, an Instructure company, partners with Xello to streamline the delivery of college application documents, benefiting K-12 counselors, higher education admissions offices, and learners. The partnership enables secure transmission of academic credentials to over 5.5K admissions offices, making the process faster and more efficient.
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PARCHMENT INTRODUCES LEARNER-CENTERED DIPLOMA SOLUTION FOR K-12 SCHOOLS AND DISTRICTS TO MEET THE NEEDS OF A DIGITAL WORLD

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Parchment Diploma Services, an Instructure company, introduces a groundbreaking print and digital diploma solution for K-12, revolutionizing how students showcase their achievements. The service offers both traditional print diplomas and digital, shareable, and verifiable diplomas, catering to the modern education and employment landscape. Parchment's Diploma Services provide benefits for students, administrators, schools, and districts, enhancing the graduation experience and simplifying diploma management.
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Instructure to Attend Upcoming Investor Conferences

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Instructure Holdings, Inc. (NYSE: INST) announced its participation in upcoming investor conferences where key executives will present and meet with investors. The conferences include Morgan Stanley Technology, Media & Telecom Conference on March 5, 2024, and Raymond James Institutional Investor Conference on March 6, 2024.
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Instructure Reports Fourth Quarter and Full Year 2023 Results

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Instructure Holdings, Inc. reports record full-year revenues of $530.2 million, with an increase of 11.6% compared to the prior year. The company also achieved a record Adjusted EBITDA of $214.2 million, a 19.3% increase, and a Cash flow from operations of $164.0 million, up by 16.9%. Instructure acquired Parchment, the world's leading credentialing platform, expanding its scale and reach.
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Instructure Completes Acquisition of Parchment, the World's Largest Academic Credential Management Platform and Network

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Instructure Holdings, Inc. (NYSE: INST) has completed the acquisition of Parchment, the world's largest credential management platform and network. Parchment has over 13,000 customers and has exchanged more than 165 million credentials over two decades. This acquisition is expected to significantly expand Instructure's existing customer base and unlock exciting new growth opportunities. The addition of Parchment to the Instructure ecosystem enables customers to offer flexible lifelong learning experiences to non-traditional learners. The acquisition adds another key element to the Instructure ecosystem, providing a seamless way for learners to demonstrate skill mastery throughout their journey.
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Instructure to Report Fourth Quarter and Fiscal Year 2023 Earnings Results and Host Conference Call on February 20, 2024

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Instructure Holdings, Inc. announced the release of financial results for the fourth quarter and fiscal year ended December 31, 2023. The conference call to discuss the results will be held on Tuesday, February 20, 2024. Participants can register for the call and access it through various channels. A live audio webcast and a replay will also be available on Instructure's investor relations website.
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Montana University System Selects the Instructure Learning Platform to Extend Educational Access to Rural Learners Across the State

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Instructure's Canvas learning management system (LMS) has been selected by the Montana University System (the MUS) as part of a major statewide initiative to transform and modernize its learning experience, benefiting over 40,000 students across 11 institutions. The move aims to increase student success, provide flexible learning environments, and extend student access regardless of geographic location. The MUS chose Instructure based on factors such as ease of use, mobile-friendliness, strong analytics, Canvas Commons, and flexible interoperability with outside tools.
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Instructure Names Rachel Orston as Chief Customer Officer to Build on Legacy of Transformative Customer Experience

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Instructure (INST) announced Rachel Orston as its new Chief Customer Officer. Orston brings over 25 years of experience strengthening customer relationships in various organizations and a deep passion for education. Her leadership experience at various companies, including Fortune 100 businesses and startups in various industries, will prove instrumental as Instructure continues to scale to meet the evolving needs of international customers. Instructure's CX team leverages real-world educational experience as it helps customers improve student outcomes, with over half of its CX team having taught or worked in educational institutions. Former Chief Customer Experience Officer Melissa Loble now assumes the newly-created Chief Academic Officer role full-time to further elevate the educator experience and surround customers with academic expertise. Orston joins Instructure at a time of significant growth, as customers adopt new solutions within the Instructure Learning Platform to fulfill the evolving demands of the learning experience, integrates recent acquisitions and evolves to meet the needs of lifelong learners.
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Instructure to Host Investor Day in New York City

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Instructure Holdings, Inc. (NYSE: INST) will host an Investor Day on March 12, 2024, at the New York Stock Exchange. The event will feature CEO Steve Daly, CFO Peter Walker, and other senior leaders. Attendees will receive an overview of the business, growth opportunities, insights on the expected Parchment acquisition, a customer panel, and financial results and objectives. A live webcast will be available on Instructure's investor relations website.
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Instructure to Attend Upcoming Investor Conference in New York City

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Instructure Holdings, Inc. (NYSE: INST) announced that CEO Steve Daly and CFO Peter Walker will attend the Raymond James 2023 TMT and Consumer Conference in New York City on December 5, 2023, to present and meet with investors.
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FAQ

What is the current stock price of Instructure Holdings (INST)?

The current stock price of Instructure Holdings (INST) is $23.595 as of November 14, 2024.

What is the market cap of Instructure Holdings (INST)?

The market cap of Instructure Holdings (INST) is approximately 3.5B.

What does Instructure Holdings, Inc. do?

Instructure Holdings, Inc. develops education technology solutions, including the widely used Canvas Learning Management System, to enhance teaching and learning for K-12, higher education, and professional education institutions.

What is Canvas LMS?

Canvas LMS is Instructure's flagship cloud-based learning management system that facilitates online learning and teaching for educators and students.

What recent acquisition has Instructure announced?

Instructure recently announced the acquisition of Parchment, a leading academic credential management platform.

How does Instructure support collaborative learning?

Instructure supports collaborative learning through integrations like the Lucid Education Suite, which includes tools for virtual whiteboarding and diagramming within Canvas LMS.

What financial performance did Instructure report for Q3 2023?

Instructure reported strong financial performance for Q3 2023, including best-in-class margins, record cash flow, and significant growth in revenue and adjusted unlevered free cash flow.

How does Instructure aim to improve student outcomes?

Instructure aims to improve student outcomes by providing an open, extendable, and configurable learning platform that supports diverse educational needs and enhances the learning process.

What is the significance of Instructure's acquisition of Parchment?

The acquisition of Parchment is significant as it integrates the world's largest academic credentialing platform into Instructure's offerings, expanding its customer base and enabling new growth opportunities.

What are some products included in the Instructure Learning Platform?

The Instructure Learning Platform includes products such as Canvas LMS, Canvas Studio, Canvas Catalog, Mastery Assessment, and Canvas Credentials, among others.

How can I learn more about Instructure?

You can learn more about Instructure by visiting their official website at www.instructure.com.

What is Instructure's mission?

Instructure's mission is to elevate student success, amplify the power of teaching, and inspire everyone to learn together.

Stock INST logo
Instructure Holdings, Inc.

NYSE:INST

INST Rankings

#1540 Ranked by Market Cap
N/A Ranked by Dividends

INST Stock Data

3.46B
12.50M
2.04%
98.13%
1.28%
Software - Application
Services-prepackaged Software
Link
United States of America
SALT LAKE CITY