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Chegg Q3 Revenue Falls 40% as Academic Services Revenue Halves

Chegg posted a $0.05 non-GAAP loss per share and expects fourth-quarter gross margin of 46% to 48%, with adjusted EBITDA of about $1 million.
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Chegg posted a $0.05 non-GAAP loss per share and expects fourth-quarter gross margin of 46% to 48%, with adjusted EBITDA of about $1 million.