Earnings Reaction Rollercoaster: Chegg Rises, Alteryx Dips
- August 07th, 2023
- 517 views
Chegg, Inc. (NYSE: CHGG) announced second-quarter 2023 earnings per share (EPS) of $0.28 and revenues amounting to $182.85 million, surpassing the consensus EPS estimate of $0.29 on revenues of $176.51 million.
$CHGG was trading at $12.45 in after-hours, up $2.42 (+24.13%).
In other news, Alteryx, Inc. (NYSE: AYX) reported an adjusted loss of $0.37 per share and revenues of $188.00 million for Q2 2023, outperforming the consensus projected loss of $0.67 per share on revenues of $182.00 million.
However, the company's Q3 2023 outlook of an adjusted loss ranging from $0.08 to $0.04 per share contrasts with analysts' EPS forecast of $0.09 for the same period.
In after-hours, $AYX was trading at $28.88, reflecting a decrease of $8.74 (-23.23%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026
Member Login