Instructure Holdings, Inc. (NYSE:INST) Q2 2022 Earnings Conference Call August 1, 2022 5:00 PM ET

Company Representatives

Steve Daly - Chief Executive Officer

Dale Bowen - Chief Financial Officer

Denise Garcia - Investor Relations

Conference Call Participants

Josh Baer - Morgan Stanley

Fred Havemeyer - Macquarie

Joe Vruwink - Baird

Alex Sklar - Raymond James

Terry Tillman - Truist Securities

Matt VanVliet - BTIG

Pat McIlwee - William Blair

Brent Thill - Jefferies

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Instructure's Second Quarter 2022 Earnings Call. At this time all participants are in a listen-only mode. After the speakers presentation there will be a question-and-answer session. Please be advised that this conference is being recorded.

I would now like to turn the conference over to your first speaker, Denise Garcia, Investor Relations. Denise, please go ahead.

Denise Garcia

Thank you. Good afternoon and welcome to Instructure's second quarter 2022 earnings call. We will be discussing the results announced in our press release issued after the market closed today. With me are Instructure's Chief Executive Officer, Steve Daly; and Chief Financial Officer, Dale Bowen.

Before we begin, I'd like to remind you that today's conference call will include forward-looking statements based on the company's current expectations. These forward-looking statements are subject to a number of risks, of significant risks and uncertainties, and our actual results may differ materially. For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today's earnings release and other reports and filings we file from time-to-time with the Securities and Exchange Commission.

All of our statements are made as of today based on information available to us today and except as required by law, we assume no obligation to update any such statements. During the call we will also refer to both GAAP and non-GAAP financial measures. You could find the reconciliation of our GAAP to non-GAAP measures included in our press release, which is posted to the Investor Relations section of our website.

With that, let me turn the call over to Steve.

Steve Daly

Thank you, Denise, and good afternoon everyone. Thank you all for joining us for our second quarter 2022 earnings call. During today's call, Dale and I will provide details on our second quarter results and provide third quarter and updated full year 2022 guidance.

It has been a little over a year since Instructure reentered the public markets, and before discussing our second quarter results I would like to take the opportunity to reflect on our progress over the last 12 months.