Chegg Reports 2024 Third Quarter Earnings
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
Company Research
Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended September 30, 2024.“While the global education industry continues to experience tremendous change, in Q3, we showed early progress against our strategic plan and delivered better-than-expected revenue and adjusted EBITDA. However, recent technology shifts and generative AI have created significant headwinds, and as a result, we are undertaking an additional restructuring,” said Nathan Schultz, Chief Executive Officer & President of Chegg, Inc. “There continues to be a market of students looking for the high-quality, proven, and differentiated learning expertise Chegg provides, and we believe our brand and product experience are resilient and will endure.”In November 2024, our Board of Directors approved a $300.0 million increase to our existing securities repurchase program authorizing the repurchase of ou
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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