Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and Development

Sales and Marketing

General and Administrative

Impairment expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Chegg

Chegg, Inc. operates a learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades and test scores. The firm offers required and non-required scholastic materials including textbooks in any format, access to online homework help and textbook solutions, course organization and scheduling, college and university matching tools and scholarship connections. Its services include Chegg study, writing, tutors and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Chegg exceeds Q4 expectations, eyes global expansion and pricing evolution

Chegg's Q4 2022 performance showcased strong financial results, strategic investments in technology, and a positive outlook for future growth.
The company's strengths lie in pricing power, customer retention, ESG recognition, and a focus on enhancing user experience through AI and global expansion.
Challenges include pricing strategy changes, managing costs amidst investments, and potential market competition, requiring careful navigation for sustained success.
Opportunities for Chegg include exploring new subscription models, global expansion, AI enhancements, and evolving the pricing matrix to drive revenue and profitability.

Chegg surpasses Q1 expectations, focuses on AI and global growth

Chegg's Q1 performance exceeded expectations, driven by strong revenue and EBITDA figures. The company's strategic strengths lie in AI investments, personalized tools, and global accessibility. Challenges include cautious outlook and expense management, while opportunities exist in high-margin businesses and personalized learning offerings.

Chegg surpasses Q2 expectations, focuses on AI and global growth

Chegg's Q2 2023 performance exceeded expectations, with strong revenue and subscriber growth.
The focus on AI, partnerships, and community-building showcases Chegg's commitment to enhancing student experiences.
While facing challenges in net income and market differentiation, Chegg is well-positioned to capitalize on opportunities in AI, global expansion, and engagement.

Chegg surpasses Q3 expectations, eyes AI-driven growth opportunities

Chegg's strong Q3 performance, AI investments, and international growth highlight its market resilience.
The company's focus on bespoke content, partnerships, and marketing strategies strengthens its competitive edge.
Challenges in internal restructuring and pricing strategies require careful navigation for sustained growth.
Opportunities in expanding Skills offerings, AI tools development, and premium services can drive future revenue growth.

Chegg excels in Q4 with AI focus and global expansion

Chegg's Q4 performance exceeded expectations, with a focus on leveraging AI and expanding globally.
The company's strengths lie in AI-driven capabilities, personalized student experiences, and financial robustness.
Challenges include maintaining answer quality, customer retention, and resource allocation for AI initiatives.
Opportunities for Chegg include further AI expansion, targeting new customers, and revenue growth through AI advancements.

Chegg reports robust Q1 earnings, eyes AI growth and global expansion

Chegg's Q1 performance showcased strong financial results and a strategic focus on AI-driven growth under new leadership.
The company's strengths lie in its AI platform's success, ongoing investments in AI, and strategic pricing adjustments driving growth.
Challenges include scaling AI capabilities, navigating pricing tests, and expanding internationally, while opportunities exist in AI innovation, pricing optimization, and global market expansion.

Chegg surpasses Q2 expectations, eyes global growth with AI

Chegg's Q2 performance exceeded expectations, showcasing strong financials and operational trends.
The company's focus on AI-driven personalized learning and international expansion highlights strategic strengths.
While facing challenges in Q2, Chegg's planned marketing initiatives and localization efforts present growth opportunities.
Overall, Chegg's innovative approach and strategic roadmap position it well for future success in the education sector.

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Cost of revenue

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SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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Cash & equivalents

Receivables

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Net PPE

Intangibles

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Income tax payable

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Chegg, Inc. engages in providing support and a learning platform for students. Its services include Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, Busuu offerings, Chegg Skills, advertising services, print textbooks, and eTextbooks offerings. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on October 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. One newly hired employee received an award of restricted stock units (“RSUs”) representing 50,000 shares of Chegg common stock in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The RSUs.

Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Tuesday, November 12, 2024, after market close for the third quarter of 2024, which ended on September 30, 2024. Chegg will host a conference call to discuss the third-quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-877-407-4018 or o.

Chegg to Announce Third Quarter 2024 Financial Results

Chegg's stock has plummeted 98% from its peak, despite relatively stable sales, cash flow, and non-GAAP earnings. Current fundamental valuation metrics place Chegg at a 90-95% discount to decade averages, with a market cap of $182 million vs. $683 million in annual sales. Hedge funds are bearish, but Wall Street analysts appear more optimistic, with management targeting $100 million in annual free cash flow generation.

Chegg Is Now A Deep Value Candidate, Following 98% Price Implosion

NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Chegg, Inc.- CHGG

NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE:CHGG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Chegg, Inc. - CHGG

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today that Sarah Bond and Dr. Paul LeBlanc are departing its board of directors. "On behalf of the entire board, I want to express our deepest gratitude to Sarah and Paul for their service and unwavering dedication over the years,” said Dan Rosensweig, Executive Chairman and Co-Chairperson of the Chegg Board. “Their leadership and expertise have been instrumental in guiding our mission throu.

Chegg Announces Board Changes

Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Chegg (CHGG) Stock?

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 more easily. Recent restructuring efforts, investments in R&D, and a reduction in the number of shares may enhance future financial performance, making CHGG undervalued.

Chegg: New Investments In AI, Stock Is Very Undervalued

2Q24 earnings saw disappointing revenue decline and poor profit metrics. Improvements in retention rates and AI features not translating to subscriber growth. International expansion efforts may not be effective, leading to skepticism about future subscriber growth.

Chegg: No Major Signs Of Turnaround Yet

NEW YORK, NY / ACCESSWIRE / August 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.

Lost Money on Chegg, Inc. (CHGG)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.

Shareholders that lost money on Chegg, Inc. (CHGG) should contact Levi & Korsinsky about Securities Fraud Investigation - CHGG

Investors Who Lost Money on Chegg, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - CHGG

NEW YORK, NY / ACCESSWIRE / August 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.

Chegg Being Investigated on Behalf of Chegg, Inc. Investors. Contact Levi & Korsinsky For Details.

Chegg continues struggling to transition post-COVID, with the stock plummeting despite solid cash flow potential. The ed-tech company beat Q2 estimates, but Chegg cut Q3 estimates by up to $10 million. The AI-enhanced platform shows promise in increasing student engagement, potential for growth and higher subscriber retention.

Chegg: AI Turnaround In The Works

NEW YORK, NY / ACCESSWIRE / August 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.

Levi & Korsinsky Reminds Chegg Investors of the Ongoing Investigation into Potential Violations of Securities Laws - CHGG

Chegg (NYSE: CHGG ) stock is falling hard on Tuesday after the direct-to-student learning platform company released its latest earnings report. In the second quarter of 2024, Chegg released an updated guidance for the third quarter of the year.

Chegg News: Why Is CHGG Stock Plunging Today?

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Chegg, Inc. (“Chegg” or the “Company”) (NYSE: CHGG) complied with federal securities laws. On August 5, 2024, Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking “$481.5 million of non-cash impairment charges.” Following this news, the price of the Company's stock dropped.

SHAREHOLDER ALERT: Investigation Into Chegg, Inc. (CHGG) Announced by Holzer & Holzer, LLC

ZoomInfo Technologies

U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Tuesday.

ZoomInfo Reports Weak Results, Joins Chegg And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Chegg, Inc. (NYSE:CHGG ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Tracey Ford - VP, IR and ESG Nathan Schultz - President and CEO David Longo - CFO Conference Call Participants Bryan Smilek - JPMorgan Eric Sheridan - Goldman Sachs Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Devin Au - KeyBanc Capital Markets Operator Greetings, and welcome to Chegg, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Chegg, Inc. (CHGG) Q2 2024 Earnings Call Transcript

The headline numbers for Chegg (CHGG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Chegg (CHGG) Reports Q2 Earnings: What Key Metrics Have to Say

Chegg (CHGG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.28 per share a year ago.

Chegg (CHGG) Beats Q2 Earnings and Revenue Estimates

Udemy

Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.

Chegg follows Udemy in calling for tougher times ahead for edtech companies

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 June 30, 2024. “Q2 has been transformational for Chegg, completing our restructure, outlining an exciting vision for the future, and completing the rollout of conversational instruction capability and automated solutions just in time for the back-to-school season,” said Nathan Schultz, Chief Executive Officer & Pres.

Chegg Reports 2024 Second Quarter Earnings

SANTA CLARA, Calif.--(BUSINESS WIRE)--As the new school year approaches, Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today, a new partnership that will bring Max's iconic programming to Chegg subscribers. Starting today, the Max with Ads plan* is included with a U.S. Chegg Study or Chegg Study Pack subscription. Through the partnership, new and existing U.S. Chegg Study or Chegg Study Pack subscribers can stream all their favorite shows and movies anyti.

Max and Chegg Partner to Help Students Stream Their Favorite Shows and Movies with a Chegg Subscription

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News for Chegg Stock (CHGG)