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Chegg Q1 Adj. EPS $0.03 Beats $(0.02) Estimate, Sales $63.262M Beat $61.007M Estimate

Benzinga Newsdesk 5 months ago

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Chegg (NYSE:CHGG) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.02) by 250 percent. This is a 150 percent increase over losses of $(0.06) per share from the same period

Chegg (NYSE:CHGG) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.02) by 250 percent. This is a 150 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $63.262 million which beat the analyst consensus estimate of $61.007 million by 3.70 percent. This is a 47.88 percent decrease over sales of $121.387 million the same period last year.

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