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Chegg records $4.7 million loss in Q3

Associated Press · ·by G4L

CHGG
CHGG Chegg Inc
$0.61 +1.97%
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  1. 1Chegg Inc. recorded a loss of 4 cents per share in the third quarter.
  2. 2Chegg Inc. achieved revenue of $46.5 million during the period.
  3. 3Chegg expects revenue for the current quarter ending in December to be between $38 million and $40 million.

So what's the key point?

Chegg reported a $4.7 million loss in the third quarter. The company expects revenue for this quarter to fall below $40 million.

Source Associated Press · View original ↗

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