April 26, 2018 / 8:55 PM / 7 months ago

BRIEF-Chegg Reports Q1 Loss Per Share Of $0.02

April 26 (Reuters) - Chegg Inc:

* CHEGG REPORTS Q1 2018 FINANCIAL RESULTS AND RAISES FULL YEAR 2018 GUIDANCE

* Q1 REVENUE $76.9 MILLION VERSUS I/B/E/S VIEW $74.2 MILLION

* SEES Q2 2018 REVENUE $69 MILLION TO $71 MILLION

* SEES FY 2018 CAPITAL EXPENDITURES IN THE RANGE OF $30 MILLION TO $35 MILLION

* SEES 2018 ADJUSTED EBITDA IN RANGE OF $77 MILLION TO $79 MILLION

* SEES Q2 2018 ADJUSTED EBITDA IN RANGE OF $17 MILLION TO $18.5 MILLION

* SEES 2018 CHEGG SERVICES REVENUES IN RANGE OF $243 MILLION TO $246 MILLION

* SEES Q2 2018 CHEGG SERVICES REVENUES IN RANGE OF $58 MILLION TO $60 MILLION

* QTRLY NET LOSS PER SHARE, $0.02

* Q1 EARNINGS PER SHARE VIEW $0.09 -- THOMSON REUTERS I/B/E/S

* QTRLY NON-GAAP NET INCOME WAS $12.9 MILLION Source text for Eikon: Further company coverage:

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