Chegg Stock Drops After Q4 Report Shows Major YoY Revenue Decline
Chegg Inc. (NYSE:CHGG) shares sank in Monday's extended trading after the company released its fourth-quarter earnings report. Here's a look at the key figures from the quarter. CHGG stock is moving. Watch the price action here.The Details: Chegg reported quarterly losses of one cent per share, which beat the consensus estimate for losses of 10 cents.Quarterly revenue came in at $72.66 million, which beat the Street estimate of $71 million and was down from $143.48 million from the same period last year.C ...