Chegg Reports Second Quarter Results and Raises Guidance for 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Chegg (CHGG) PT Raised to $91 at BMO Capital Following 2Q
August 4, 2020 6:54 AM EDTBMO Capital analyst Jeffrey Silber raised the price target on Chegg (NYSE: CHGG) to $91.00 (from $67.00) while maintaining a Market Perform rating following the company's 2Q report. CHGG reported adjusted EBITDA of $55.5 million well above the consensus $49.6 million estimate. The company finished the quarter with $983... More
Chegg (CHGG) Tops Q2 EPS by 5c, Revenues Beat; Guides Above
August 3, 2020 4:08 PM EDTChegg (NYSE: CHGG) reported Q2 EPS of $0.37, $0.05 better than the analyst estimate of $0.32. Revenue for the quarter came in at $0 versus the consensus estimate of $136.61 million.
GUIDANCE:
Chegg sees Q3 2020 revenue of $140-145 million, versus the consensus of $123.444... More
