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Stock impact report

Chegg (NYSE:CHGG) Reports Q4 In Line With Expectations But Stock Drops 22.6% [Yahoo! Finance]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Yahoo! Finance
Online study and academic help platform Chegg (NYSE:CHGG) met Wall Street's revenue expectations in Q4 CY2024, but sales fell by 23.7% year on year to $143.5 million. On the other hand, next quarter's revenue guidance of $115 million was less impressive, coming in 16.4% below analysts' estimates. Its non-GAAP profit of $0.17 per share was in line with analysts' consensus estimates. Is now the time to buy Chegg? Find out in our full research report Chegg (CHGG) Q4 CY2024 Highlights: Revenue: $143.5 million vs analyst estimates of $143.8 million (23.7% year-on-year decline, in line) Adjusted EPS: $0.17 vs analyst estimates of $0.18 (in line) Adjusted EBITDA: $36.57 million vs analyst estimates of $32.87 million (25.5% margin, 11.2% beat) Re Read more
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