Chegg Non-GAAP EPS of $0.09 beats by $0.02, revenue of $136.59M beats by $2.48M

seekingalpha
13 Nov 2024
  • Chegg press release (NYSE:CHGG): Q3 Non-GAAP EPS of $0.09 beats by $0.02.
  • Revenue of $136.59M (-13.5% Y/Y) beats by $2.48M.
  • Q4 Outlook: Total Net Revenues in the range of $141 million to $143 million
  • Subscription Services Revenues in the range of $126 million to $128 million
  • Gross Margin between 67% and 68%
  • Adjusted EBITDA in the range of $32 million to $34 million.
  • Shares -15.25%.

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