Chegg Reports First Quarter 2015 Results

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Chegg (CHGG) Posts a 'Good' Quarter, Jefferies Says; PT Raised to $14

May 7, 2015 8:41 AM EDT

Jefferies US Internet Team reiterated a Buy rating and boosted its price target on Chegg (NYSE: CHGG) to $14.00 (from $12.00) following solid Q1 results saying the company is "fully becoming a digital story."

The analyst team commented, "Chegg reported a good quarter with... More

Chegg (CHGG) Posts Q1 Loss of $0.34/Share

May 6, 2015 4:17 PM EDT

Chegg (NYSE: CHGG) reported Q1 EPS of ($0.34), which may not compare to the analyst estimate of ($0.07). Revenue for the quarter came in at $84.9 million versus the consensus estimate of $78.2 million.

Chegg sees Q2 2015 revenue of $61-65 million, versus the consensus of $62.22... More