SANTA CLARA, Calif. (AP) _ Chegg Inc. (CHGG) on Monday reported a loss of $65.2 million in its first quarter.

On a per-share basis, the Santa Clara, California-based company said it had a loss of 49 cents. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The provider of online textbook rental services posted revenue of $198.4 million in the period, topping Street forecasts. Eight analysts surveyed by Zacks expected $184.7 million.

For the current quarter ending in July, Chegg said it expects revenue in the range of $188 million to $190 million.

The company expects full-year revenue in the range of $790 million to $800 million.

Chegg shares have decreased 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $83.01, a climb of 96% in the last 12 months.

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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