Published on 1 Nov 2023 on Benzinga
Chegg Inc CHGG shares are trading lower Tuesday on the heels of the company's third-quarter financial results. Here's a look at the highlights from the quarter.
Revenues were down 4% on a year-over-year basis. Subscription services revenues also decreased 4% year-over-year to $139.9 million. Subscription services subscribers were down 8% year-over-year to 4.4 million.