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Chegg Inc  (CHGG)
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Earnings lifted by $167.26 millions tax provisions

A $167.26 millions in income tax provisions, supported Chegg Inc to present $1.23 eps in the financial time-frame ending third quarter of 2022

Published 2022-11-02T16:05:44+00:00
Goran Soko / CSIMarket.com Contributer

Underlining the third quarter of 2022 earnings season income per share soared by 515 % to $1.23 per share, despite Revenue decrease of -16.999 % to $164.74 millions, year on year.

From the prior fiscal period, EPS grown rapidly by 1950 % from $0.06 per share and Revenues fell by -15.397 % from $194.72 millions.


Bottom-line of $251.562 millions in the most recent fiscal period increased by 667.8 % from net earnings of $32.764 millions reported in the most recent fiscal period a year ago.

An essential ingredient for this favorable comparison. As earlier described, it was the $167.26 millions tax provisions, the company has obtained.


Chegg Inc is expected to report next financial earnings on February 21, 2023.


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Other CHGG's Earnings Reports

Chegg Inc reported third quarter 2022 earnings

Chegg Inc reported second quarter 2022 earnings

Chegg Inc reported first quarter 2022 earnings

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