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Tuesday, May 2, 2017

Chegg shares rally on strong revenue outlook

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Shares of Chegg Inc. jumped in Monday’s extended session after the online textbook vendor issued an upbeat revenue outlook. Chegg reported its first-quarter loss narrowed to $6.4 million, or 7 cents a share, from a loss of $15.7 million, or 18 cents a share, a year earlier. Revenue fell to $62.6 million from $66.7 million …

The post Chegg shares rally on strong revenue outlook appeared first on ForexTV.

May 02, 2017 at 02:15AM

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from Market Watch

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