Benzinga | Oct 26, 2020 04:05PM EDT

Chegg Q3 Adj. EPS $0.17 Beats $0.10 Estimate, Sales $154.00M Beat $143.68M Estimate

Chegg (NYSE:CHGG) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.10 by 70 percent. This is a 5.56 percent decrease over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $154.00 million which beat the analyst consensus estimate of $143.68 million by 7.18 percent. This is a 63.57 percent increase over sales of $94.15 million the same period last year.