Chegg (CHGG) To Report Earnings Tomorrow: Here Is What To Expect
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Chegg (CHGG) will report its earnings results tomorrow after market close. Last quarter, Chegg's revenue was $72.66 million, down 49.4% year-on-year, but it exceeded EBITDA expectations. Analysts predict a further revenue decline of 49.7% this quarter. Despite this, most analysts have maintained their estimates, indicating confidence in the company's performance. Chegg's stock has risen 53.8% over the past month, reflecting positive sentiment in the consumer subscription sector, where peers like Roku and Duolingo have reported strong growth.
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