Chegg Reports Second Quarter 2016 Results
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Chegg (CHGG) PT Raised to $7 at Piper Jaffray
August 2, 2016 7:46 AM EDTPiper Jaffray analyst Michael Olson reiterated an Overweight rating and raised its price target on Chegg (NYSE: CHGG) to $7.00 (from $6.00) following strong Q2 results.
Olson commented, "Chegg reported a strong Q2 with rev and adj. EBITDA ahead of consensus. Required materials... More
Chegg (CHGG) Reports Q2 Loss of $0.10
August 1, 2016 4:05 PM EDTChegg (NYSE: CHGG) reported Q2 EPS of ($0.10), versus ($0.12) reported last year. Revenue for the quarter came in at $53 million, versus $67.1 million reported last year.
GUIDANCE:
Chegg sees Q3 2016 revenue of $65-70 million, versus the consensus of $64.5 million.
Chegg... More
