Instructure Holdings Inc (NYSE:INST)
$ 23.57 0.01 (0.04%) Market Cap: 3.45 Bil Enterprise Value: 4.55 Bil PE Ratio: 0 PB Ratio: 2.72 GF Score: 59/100

Q3 2023 Instructure Holdings Inc Earnings Call Transcript

Oct 30, 2023 / 09:00PM GMT
Release Date Price: $24.24 (-0.04%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Instructure's Third Quarter 2023 Earnings Conference Call. (Operator Instructions) Please be advised that this conference is being recorded.

I would now like to turn the conference over to your first speaker, David Banks, Vice President, Investor Relations. Mr. Banks, please go ahead.

David Banks
Instructure Holdings, Inc. - VP of IR

Thank you. Good afternoon, and welcome to Instructure's Q3 2023 Earnings Conference Call. With me are Instructure's Chief Executive Officer, Steve Daly, Chief Financial Officer, Dale Bowen; and also Peter Walker, who will assume the role of CFO of Instructure on November 13. We will discuss our Q3 2023 earnings results as well as the signing of a definitive agreement to acquire Parchment, the world's leading academic credentialing platform. We will provide an overview of the transaction as well as an initial view into their financials based on due diligence conducted to date.

Before we begin, I'd like to remind you that today's conference call will

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