Chegg (CHGG) Tops Q1 EPS by 3c; Raises Outlook

Chegg (NYSE: CHGG) reported Q1 EPS of $0.15, $0.03 better than the analyst estimate of $0.12. Revenue for the quarter came in at $97.4 million versus the consensus estimate of $94.69 million.

GUIDANCE:

Chegg sees Q2 2019 revenue of $91-93 million, versus the consensus of $92.1 million.

Chegg sees FY2019 revenue of $393-398 million, versus the consensus of $394.07 million.

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

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