Instructure Reiterates Q3 And FY23 Guidance
Portfolio Pulse from Benzinga Newsdesk
Instructure has reiterated its Q3 and FY23 financial guidance, which was initially provided during its Q2 earnings conference call on July 31, 2023.
September 28, 2023 | 8:23 pm
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NEUTRAL IMPACT
Instructure's reiteration of its Q3 and FY23 financial guidance indicates stability in its financial outlook.
Instructure's reiteration of its financial guidance suggests that the company's financial performance is on track with its previous expectations. This could be perceived positively by investors as it indicates stability and predictability in the company's financial outlook. However, as there is no new information, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100