Chegg Inc (CHGG) Q3 2024 Earnings Call Highlights: Navigating AI Challenges and Strategic ... [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
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US:NYSE Investor Relations:
investor.chegg.com/overview/default.aspx
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Source: Yahoo! Finance
Subscribers: 3.8 million, a decline of 13% year-over-year. Adjusted EBITDA: $22 million, representing a margin of 16%. Free Cash Flow: $24 million in the third quarter. Capital Expenditures: $15.8 million, down 32% year-over-year. Cash and Investments: $631 million at the end of the quarter. Q4 Revenue Guidance: Expected between $141 million and $143 million. Q4 Subscription Services Revenue Guidance: Expected between $126 million and $128 million. Q4 Gross Margin Guidance: Expected to be in the range of 67% to 68%. Q4 Adjusted EBITDA Guidance: Expected between $32 million and $34 million. Restructuring Plan: Reduction of headcount by 21%, with expected non-GAAP cost savings of $60 million to $70 million in 2025. Warning! GuruFocus has detected 4 Warning Signs with CHGG. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Chegg Inc ( NYSE:CHGG ) delivered better-than-expected rev
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CHGG
News
- Chegg, Inc. (CHGG): A Bear Case Theory [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- Chegg, Inc. (NYSE: CHGG) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $3.75 to $1.75. They now have a "neutral" rating on the stock.MarketBeat
- Chegg, Inc. (NYSE: CHGG) had its price target lowered by analysts at Piper Sandler from $2.00 to $1.50. They now have an "underweight" rating on the stock.MarketBeat
- Chegg Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
CHGG
Earnings
- 11/12/24 - Beat
CHGG
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- CHGG's page on the SEC website