Categories Earnings, Technology

Chegg (CHGG): Q3 2019 Earnings Snapshot

— Chegg Inc. (NYSE: CHGG) reported Q3 2019 earnings of $0.18 per share, vs. $0.08 expected.

— Revenues grew 27% to $94.2 million, vs. $89 million expected.

— Chegg Services revenue grew 28% to $69.3 million.

— Q4 2019 revenue is expected to be $122 million to $124 million.

— FY19 revenue is expected to be $407 million to $409 million.

— CHGG shares gained 10% immediately following the announcement.

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