Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 32.1% in the morning session after the company reported weak fourth-quarter 2024 results, as both its number of users and ...
Online study and academic help platform Chegg (NYSE:CHGG) 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 ...
Chegg is focusing on AI tools and partnerships to accelerate net sales growth. The company offers diversified services in multiple languages and jurisdictions, aiming to meet the needs of new clients ...
Revenue: $137 million, down 13% year-over-year. Subscription Services Revenue: $120 million, down 14% year-over-year. Subscribers: 3.8 million, a decline of 13% year-over-year. Adjusted EBITDA: $22 ...
Generative AI, especially ChatGPT, is rapidly making Chegg's core business model obsolete, leading to steep declines in users and revenue. Chegg's Q1 results showed a sharp drop in question activity ...
The latest sign of struggles at Chegg, came this week when the company announced third-quarter losses of $212.6 million. That was fueled by a decrease of nearly half a million subscribers, who now ...
Chegg Inc. reported its Q1 2025 earnings, revealing a mixed performance with a significant earnings per share (EPS) miss but a revenue beat. The company reported an EPS of -$0.06, falling short of the ...
Online-education company Chegg said it is conducting a business review and exploring alternatives such as selling the company or taking it private as it continues to lose subscribers to ...
Chegg Inc. (CHGG) reported its second-quarter earnings for 2025, revealing a stronger-than-expected performance with earnings per share (EPS) of $0.10, doubling the forecasted $0.05. Revenue came in ...