Chegg: Q3 Earnings Snapshot

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Chegg Inc. (CHGG) on Monday reported a loss of $17.5 million in its third quarter.

The Santa Clara, California-based company said it had a loss of 16 cents per share. Earnings, adjusted for restructuring costs and stock option expense, were less than 1 cent on a per-share basis.

The an online learning platform posted revenue of $77.7 million in the period.

For the current quarter ending in December, Chegg said it expects revenue in the range of $70 million to $72 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHGG at https://www.zacks.com/ap/CHGG