Instructure Holdings, Inc. (NYSE:INST) will look for M&A. During the company's second quarter 2023 earnings call, Stephen Daly, Chief Executive Officer said that 'with adjusted gross margins approaching 80% and adjusted EBITDA margins nearly 40%, we expect to continue to produce free cash flow that will allow us to reinvest both organically and through M&A to drive long-term durable growth'.
Instructure Holdings, Inc. is an education technology company. The Company personalizes, simplifies, organizes, and automates the entire learning lifecycle through technology. Its learning platform comprises solutions, including Canvas LMS, Canvas Studio, Canvas Catalog, Canvas Network, Canvas Credentials, Canvas Student Pathways, Mastery Assessment, Impact, Elevate Data Sync, Elevate K-12 Analytics, Elevate Data Quality, Elevate Standards Alignment, and LearnPlatform. Canvas LMS is designed to give education customers of all sizes and at every level an extensive set of flexible tools to support and enhance content creation, management, and delivery of face-to-face, blended and online instruction. Canvas Studio is an online video platform that integrates with Canvas LMS, which enables customers to host, manage, edit, and deliver video learning experiences. Canvas Catalog is a course catalog and registration system. The Companyâs learning platform supports educators and learners.
INSTRUCTURE HOLDINGS, INC. 
