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Benzinga
Benzinga
Business
Adam Eckert

Why Chegg Shares Are Trading Higher Today

Chegg Chegg Inc CHGG NYSE

Chegg Inc (NYSE:CHGG) is trading higher Tuesday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates. 

Chegg reported quarterly revenue of $207.5 million, which beat the $195.2 million estimate. The company reported quarterly earnings of 38 cents per share, which beat the estimate for 31 cents per share. 

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