Benzinga | Aug 3, 2020 04:10PM EDT

Chegg Q2 Adj. EPS $0.37 Beats $0.32 Estimate, Sales $153.00M Beat $136.61M Estimate

Chegg (NYSE:CHGG) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.32 by 15.62 percent. This is a 60.87 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $153.00 million which beat the analyst consensus estimate of $136.61 million by 12.00 percent. This is a 63.01 percent increase over sales of $93.86 million the same period last year.