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 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

Earnings data Q4 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.

Chegg reports Q3 earnings, announces restructuring amid AI challenges

Chegg's Q3 performance reflects revenue and EBITDA figures, with a restructuring plan to address industry challenges and drive cost savings.
Despite revenue decline and legal matters, Chegg's commitment to student-focused services and stable subscription revenue highlights resilience.
The company faces challenges from AI advancements and must navigate market dynamics while seeking opportunities for innovation and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

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.

Education company Chegg Inc.'s stock CHGG, +4.34% rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make an initial payment of $150 million in return for 13.5 million shares of its common stock by Nov. 15.

Chegg announces $150 million accelerated share repurchase with Morgan Stanley Bank

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with Morgan Stanley Bank, National Association, to repurchase $150 million of Chegg's common stock. Under the ASR, Chegg will make an initial payment of $150 million to Morgan Stanley Bank, National Association, and will receive an initial delivery of approximately 13.5 million shares of i.

Chegg Announces New $150 Million Accelerated Share Repurchase

ChatGPT and the rise of generative AI have made life difficult for some companies. I am, however, a strong believer that some of these companies have what it takes to survive. Chegg, Inc. is one such company that has been facing a direct impact from the rise of ChatGPT, and management has made no attempt to hide this from investors. An evaluation of Chegg's recent strategic decisions suggests Chegg is moving in the right direction, but this alone is not a good enough reason to invest in its stock.

Chegg's Cheap Valuation Is Deceiving

Chegg is struggling in the face of competition from ChatGPT. The company beat estimates in the third quarter, but investors were more focused on its declining revenues.

Why Chegg Stock Was Sliding Today

Chegg Inc (NYSE:CHGG) stock was on the rise in Tuesday's early deals as the edu-tech firm's chief executive Dan Rosensweig struck a bullish tone on its quarterly earnings call with investors. The company is in a great position as the AI “hype gives way to facts”, because it has in the past six months worked to leverage artificial intelligence to completely reinvent ‘what it offers, how it offers it, and who it offers it to', Rosensweig said in a statement.

Chegg gives investors a bullish view of impact of AI boom for its edu-tech brand

Amazon

Amazon is looking to become a leader in generative AI, and the company boasts other growth avenues. Chegg's business is under pressure from generative AI chatbots, and its attempted fix might fall short.

1 Artificial Intelligence (AI) Stock to Buy and Hold and 1 to Avoid

Chegg, Inc. (NYSE:CHGG ) Q3 2023 Earnings Conference Call October 30, 2023 4:30 PM ET Company Participants Tracey Ford - Vice President, Investor Relations and ESG Dan Rosensweig - Co-Chairperson and Chief Executive Officer Andy Brown - Chief Financial Officer Conference Call Participants Jeff Silber - BMO Capital Markets Kunal Madhukar - UBS Ryan MacDonald - Needham & Company Bryan Smilek - JPMorgan Josh Baer - Morgan Stanley Brent Thill - Jefferies Jason Celino - KeyBanc Capital Markets Alex Fuhrman - Craig Hallum Capital Group Eric Sheridan - Goldman Sachs Operator Greetings and welcome to the Chegg's Third Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Chegg, Inc. (CHGG) Q3 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Chegg (CHGG) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Chegg (CHGG) Reports Q3 Earnings: What Key Metrics Have to Say

Chegg Inc. CHGG, +4.60% shares dropped more than 4% in the extended session Monday after the online education services company swung to a loss in the third quarter. Chegg lost $18.3 million, or 16 cents a share, contrasting with earnings of $252 million, or $1.23 a share, in the year-ago period.

Chegg swings to quarterly loss, CFO to retire

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, 2023. “Chegg is in a great position to build the most impactful, scalable, AI-enabled, personal learning assistant, which will expand our opportunities to serve more students, in more ways, and at a lower cost per customer,” said Dan Rosensweig, CEO & President of Chegg, Inc. “We are moving quickly and.

Chegg Reports Third Quarter 2023 Earnings

Advance Auto Parts

Dollar General

Dollar General, Advance Auto Parts, and Chegg have fallen by 57%–66% this year. Dollar General and Advance Auto Parts are struggling retailers in markets that are historically recession-resistant.

3 Stocks Cut in Half in 2023 That Could Double in 2024

F5 Networks

Investors interested in stocks from the Internet - Software sector have probably already heard of Chegg (CHGG) and F5 Networks (FFIV). But which of these two stocks offers value investors a better bang for their buck right now?

CHGG or FFIV: Which Is the Better Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Chegg (CHGG) Stock Undervalued Right Now?

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the third quarter of 2023, which ended September 30, 2023, on Monday, October 30, 2023, after the market close. Chegg will host a conference call to discuss the third quarter financial results at 1:30 p.m. Pacific Daylight Time (4:30 p.m. Eastern Daylight Time) on the same day. To access the call, please d.

Chegg to Announce Third Quarter 2023 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced that Dana Underwood has joined the company as Chief Product Officer, effective Oct. 2, 2023. In this new role, Dana will be responsible for elevating Chegg's student experience, driving its product execution, and leveraging the power of AI to expand who the company serves and how it serves them. He will also lead the company's learning pathways, research, design.

Chegg Strengthens Executive Leadership Team with Appointment of Dana Underwood As Chief Product Officer

Icon Energy Corp

Infosys

As I've noted previously, artificial intelligence ( AI ) will be tremendously positive for most companies. That's because the technology will enable companies to provide their customers with better service, more efficiently make and transport products and acquire new customers much more efficiently and effectively.

3 Publicly Traded Companies Most at Risk of an AI Smackdown

Chegg's stock has trended downward despite recent positive news and reaching new highs earlier in the year. The company's valuation suggests a potential upside of 40% based on comparisons to peers and Wall Street analysts. Chegg's deep value, earnings consistency, and industry-leading position in the education space make it an enticing investment if they can leverage AI, but there are risks to consider.

You Ask Chegg Answers: Potential Top AI Investment

Last month I wrote about the Value of Momentum. To recap, Momentum investing is a recognized investing strategy which posits that recent stock market winners will continue their winning streak in the short term, while recent losers will continue to lag.

Chegg is coming out of the Freezer

Keysight

Palantir Technologies

The broad tech market may have seen its heyday come and go post-pandemic. Today's investors are skittish about high-flying growth opportunities amid promising 5% yield on savings accounts and Treasuries.

These Are the ONLY 3 Tech Stocks to Consider in August 2023

ChargePoint Holdings

L3Harris

Microchip Technology

Paycom Software

PayPal

Some of the technology sector's biggest names captured much of the renewed investor enthusiasm, leaving small- and mid-cap companies in the dust. However, if you dig deep enough you'll still find severely oversold tech stocks.

7 Very Oversold Tech Stocks to Buy Right Now

Shares of embattled education technology (edtech) specialist Chegg (NYSE: CHGG ) — which primarily offers online tutoring and homework assistance — popped sharply on Thursday. Earlier this morning, management announced that it authorized an increase of $200 million as part of its securities repurchase program.

Chegg (CHGG) Stock Gains 13% on Stock Repurchase Plan

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced its board of directors has authorized an increase of $200 million as part of its securities repurchase program. The program allows Chegg to buy back its common stock and/or convertible notes, through open market purchases, block trades and/or in privately negotiated transactions or pursuant to Rule 10b5-1 plans, in compliance with applicable securities laws and.

Chegg Announces Increased Authorization of Securities Repurchase Program by $200 million

Celsius Holdings

Nelnet

Earnings from Chegg, Celsius, and Nelnet show why it pays to watch cash flow and how businesses can shore themselves up when there's cash on hand.

Follow the Cash: Celsius, Chegg, Nelnet

Snap

Snap has a vast ecosystem and deepening engagement, and it's looking to diversify its revenue base. At the same time, Chegg's business model is under threat from AI, and it's not yet clear whether it can survive.

1 Struggling Tech Stock to Buy in August and 1 to Avoid

The mean of analysts' price targets for Chegg (CHGG) points to a 58.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

News for Chegg Stock (CHGG)