Chegg (CHGG) Tops Q1 EPS by 1c ; Offers Huidance

Chegg (NYSE: CHGG) reported Q1 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $174.4 million versus the consensus estimate of $174.04 million.

GUIDANCE:

Chegg sees Q2 2024 revenue of $159-161 million, versus the consensus of $173.6 million.

Gross margin to be in the range of 70 and 71 percent.

And adjusted EBITDA between $38 and $40 million.

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

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