Chegg Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq hits intraday record high on Alphabet boost, Mideast negotiation hopes
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil falls to two-week low as Gulf supply outlook improves
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Chegg (CHGG) PT Raised to $7 at Piper Jaffray
August 2, 2016 7:46 AM EDTPiper Jaffray analyst Michael Olson reiterated an Overweight rating and raised its price target on Chegg (NYSE: CHGG) to $7.00 (from $6.00) following strong Q2 results.
Olson commented, "Chegg reported a strong Q2 with rev and adj. EBITDA ahead of consensus. Required materials... More
Chegg (CHGG) Reports Q2 Loss of $0.10
August 1, 2016 4:05 PM EDTChegg (NYSE: CHGG) reported Q2 EPS of ($0.10), versus ($0.12) reported last year. Revenue for the quarter came in at $53 million, versus $67.1 million reported last year.
GUIDANCE:
Chegg sees Q3 2016 revenue of $65-70 million, versus the consensus of $64.5 million.
Chegg... More
