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Nearly uneventful times at CHGG amid the most recent fiscal period

CHGG recorded second quarter of 2022 operating surplus of $7.343 millions

Published 2022-08-06T09:48:07-04:00
Goran Soko / CSIMarket.com Contributer

The company has managed to turn into profitability on the shrinking sales, eps was at $0.06 in the April to June 30 2022 span but Revenue receded by -1.843 % to $194.72 millions from the preceding year reporting period.

From the previous reporting period, earnings per share soared from $0.04 per share and Revenue decreased by -3.72 % from $202.24 millions.


Chegg Inc saw net profits of $7.476 millions in the April to June 30 2022 span an improvement versus a net shortfall of $-65.179 millions in the corresponding reporting period a year ago. Although operating margin fell to 3.77%, in the April to June 30 2022 span, the the CHGGs' net margin actually improved to 3.84%.
Operating earnings, fell -56.24% to $7.343 millions, squeezing Chegg Inc's operating margin to %.

Chegg Inc is expected to report next financial results on October 31, 2022.


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Other CHGG's Earnings Reports

Chegg Inc reported first quarter 2022 earnings

Chegg Inc reported fourth quarter 2021 earnings

Chegg Inc reported third quarter 2021 earnings

       
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