Chegg expects Q4 revenue of $38M-$40M while advancing internships.com employability platform

What happened: Chegg guided Q4 revenue to $38M-$40M and said it is advancing its internships.com employability platform. Management said the balance sheet reset is complete. Key numbers: Q4 revenue guidance $38M-$40M. Why it matters: The company said its focus over the past year was rearchitecting costs, accumulating cash, eliminating debt and positioning Chegg to return to growth.

Chegg guided Q4 revenue to $38M-$40M and said it is advancing its internships.com employability platform. Management said the balance sheet reset is complete.

The company said its focus over the past year was rearchitecting costs, accumulating cash, eliminating debt and positioning Chegg to return to growth.