SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Chegg Inc. (CHGG) on Monday reported a loss of $32.8 million in its fourth quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 30 cents. Losses, adjusted for one-time gains and costs, came to 1 cent per share.
The an online learning platform posted revenue of $72.7 million in the period.
For the year, the company reported a loss of $103.4 million, or 96 cents per share. Revenue was reported as $376.9 million.
For the current quarter ending in March, Chegg said it expects revenue in the range of $60 million to $62 million.
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