Chegg Sees Q3 Total Net Revenues $151M-$153M vs $152.37M Est.
Portfolio Pulse from Benzinga Newsdesk
Chegg has projected its Q3 total net revenues to be between $151M and $153M, which is in line with the estimated $152.37M.
August 07, 2023 | 8:08 pm
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NEUTRAL IMPACT
Chegg's Q3 revenue forecast is in line with estimates, indicating stable financial performance.
Chegg's projected Q3 revenues align with the estimates, indicating that the company's financial performance is as expected. This could maintain investor confidence and keep the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100