Chegg (CHGG) Tops Q2 EPS by 6c, Offers Guidance

Chegg (NYSE: CHGG) reported Q2 EPS of $0.43, $0.06 better than the analyst estimate of $0.37. Revenue for the quarter came in at $198.5 million versus the consensus estimate of $189.94 million.

GUIDANCE:

Chegg sees Q3 2021 revenue of $170-175 million, versus the consensus of $173 million.

• Adjusted EBITDA in the range of $43 million to $45 million

Chegg sees FY2021 revenue of $805-815 million, versus the consensus of $797.2 million.

• Adjusted EBITDA in the range of $295 million to $300 million

For earnings history and earnings-related data on Chegg (CHGG) click here.

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