Benzinga | Aug 9, 2021 04:48PM EDT

Chegg Q2 Adj. EPS $0.43 Beats $0.37 Estimate, Sales $198.48M Beat $189.94M Estimate; Raises Guidance

Chegg (NYSE:CHGG) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.37 by 16.22 percent. This is a 16.22 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $198.48 million which beat the analyst consensus estimate of $189.94 million by 4.50 percent. This is a 29.72 percent increase over sales of $153.01 million the same period last year.