Chegg Beats Analysts’ Q3 Estimates With $81.3M In Sales

Chegg was one of the first companies to bring textbook rentals online. But after Apple and Amazon also moved into the space, it began offering online tutoring, course reviews and even help with the college and internship search. It reported its third quarter sales of $81.3 million beating Wall Street’s expectations of $78.28 million. Digital sales were up 45 percent year over year. Digital subscribers grew 23 percent year over year. Read More>>

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s