What’s Going On With Chegg Stock Tuesday?

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Benzinga

Chegg Inc (NYSE:CHGG) shares are volatile Tuesday following the company’s quarterly results. Here’s a look at what you need to know. What To Know: Chegg said fourth-quarter revenue decreased 8% year-over-year to $188 million, which beat the consensus estimate of $187.35 million, according to Benzinga Pro. The company reported quarterly adjusted earnings of 36 cents per share, which was in line with analyst estimates. Subscription services revenues decreased 6% year-over-year to $166.3 million. Subscription services subscribers fell 9% year-over-year to 4.6 million. “It’s an exciting time at Ch…

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