Chegg (CHGG) Tops Q2 EPS by 2c, Beats on Revenues; Offers FY Revenue Outlook Above Consensus

July 25, 2017 4:10 PM

Chegg (NYSE: CHGG) reported Q2 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $56.3 million versus the consensus estimate of $53.33 million.

Business Outlook:

Third Quarter 2017

Full Year 2017

GUIDANCE:

Chegg sees Q3 2017 revenue of $56-58 million, versus the consensus of $56.78 million.

Chegg sees FY2017 revenue of $241-243 million, versus the consensus of $238.94 million.

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

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