SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Chegg Inc. (CHGG) on Tuesday reported a loss of $35.7 million in its second quarter.
The Santa Clara, California-based company said it had a loss of 33 cents per share. Earnings, adjusted for restructuring costs and asset impairment costs, were 10 cents per share.
The an online learning platform posted revenue of $105.1 million in the period.
For the current quarter ending in September, Chegg said it expects revenue in the range of $75 million to $77 million.
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