Chegg (CHGG) Reports In-Line Q3 EPS, Guidance Misses
Chegg (NYSE: CHGG) reported Q3 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $171.9 million versus the consensus estimate of $174.54 million.
GUIDANCE:
Chegg sees Q4 2021 revenue of $194-196 million, versus the consensus of $240.6 million.
- Chegg Services Revenues in the range of $175 million to $177 million
- Gross Margin between 70% and 71%
- Adjusted EBITDA in the range of $67 million to $69 million
For earnings history and earnings-related data on Chegg (CHGG) click here.
