Chegg (CHGG) Tops Q1 EPS by 1c

Chegg (NYSE: CHGG) reported Q1 EPS of ($0.03), $0.01 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $66.7 million versus the consensus estimate of $62.86 million.

GUIDANCE:

Chegg sees Q2 2016 revenue of $48-52 million, versus the consensus of $50.1 million.

Chegg sees FY2016 revenue of $239-257 million, versus the consensus of $241.2 million.

For earnings history and earnings-related data on Chegg (CHGG) click here.

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