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.

Chegg has seen the business harmed by students seeking help directly from generative AI software. The company is launching CheggMate to incorporate generative AI into a comprehensive learning tool, but the product isn't guaranteed to drive higher subscription rates. The current stock prices are supported by a business with solid cash flows to cushion the downside risk, while a winning AI product could lead to an AI boom.

Chegg: AI Loser Could Turn Into Big Winner

Shares of Chegg Inc. CHGG, -1.05% pulled back 1.0% in afternoon trading Tuesday, after the online education company disclosed that it was laying off about 4% of its workforce. In an 8-K filing late Monday, the company said the lay offs were part of its reorganization to “fully embrace and utilize” the breakthroughs seen in artificial intelligence (AI).

Chegg stock falls after disclosing it'll cut 80 jobs as part of a reorganization to ‘fully embrace' AI

Chegg said the cuts would amount to “about 80 employees."

Homework helper Chegg cutting 4% of staff as ChatGPT threatens business

Chegg, Inc. has announced it plans to cut its global workforce by about 80 employees, or around 4%, as it positions itself to execute its AI strategy.

Chegg to trim workforce as it executes on AI strategy

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced that it has been selected as “Enhanced Curriculum Solution Provider of the Year” in the 5th annual EdTech Breakthrough Awards program conducted by EdTech Breakthrough, a leading market intelligence organization that recognizes the top companies and solutions in the global educational technology market. Chegg's high-quality learning platform assists students in m.

Chegg Wins 2023 EdTech Breakthrough Award for “Enhanced Curriculum Solution Provider of the Year”

LOS ANGELES, CA / ACCESSWIRE / May 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or "the Company") (NYSE:CHGG) violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Chegg, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or "the Company") (NYSE:CHGG) violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Chegg, Inc. and Encourages Investors with Losses to Contact the Firm

BigBear.ai Holdings

Uber

Artificial intelligence has become one of the hottest stories of the decade, creating big opportunities for AI stocks. In fact, ever since the release of the AI chatbot ChatGPT, interest in the AI story has only gotten hotter, with top tech companies racing for a bigger piece of the AI pie.

3 AI Stocks That Google Will Stomp Out

LOS ANGELES, CA / ACCESSWIRE / May 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or "the Company") (NYSE:CHGG) violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Chegg, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

Affirm

Asana

As inflation remains stubborn, interest rates squeeze the economy and the financial sector embroils in turmoil, most investors have become bearish. However, the saying “Be greedy while others are fearful” could be applicable here.

3 Long-Term Growth Stocks Analysts Have Their Eyes on Now

AngioDynamics

Dutch Bros

Impinj

The basic understanding of toxic stocks can help investors avoid huge losses and derive maximum benefit from their portfolios. Some toxic stocks that investors may consider dumping are BROS, CHGG, PI and ANGO.

Sell These 4 Toxic Stocks to Prevent Portfolio Losses

LOS ANGELES--(BUSINESS WIRE)---- $CHGG #CHGG--The Schall Law Firm Announces it is Investigating Claims Against Chegg, Inc. and Encourages Investors with Losses to Contact the Firm.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Chegg, Inc. and Encourages Investors with Losses to Contact the Firm

The market poorly received Chegg's Q1 earnings. ChatGPT has emerged as a potential problem.

Could AI Be the Death of Chegg Stock?

Coinbase

FuboTV

Schlumberger

AMC Entertainment

Disney

SoFi Technologies

As anyone who regularly reads my columns knows, I'm generally optimistic about the outlooks of the U.S. economy and American stocks. And I think that investors are greatly undervaluing many growth stocks, particularly in the renewable energy, electric vehicle, and biotech spaces.

7 Growth Stocks That Are Facing Major Headwinds in 2023

Airbnb

Adobe

Salesforce

DocuSign

Domino's Pizza

eBay

Etsy

Alphabet

Home Depot

Mastercard

MercadoLibre

Microsoft

Netflix

NIKE

Palo Alto Networks

PayPal

Starbucks

Target

Visa

They include a list of the best growth stocks as well as top dividend stocks.

My 17 Top Stocks to Buy Now in May

Personalized online student learning platform provider Chegg Inc. NYSE: CHGG shares were crushed as it warned that growing ChatGPT stocks and other AI tools usage was hurting its business. Artificial intelligence (AI) has garnered the mainstream spotlight in 2023 with the rumblings between Microsoft Corp. NASDAQ: MSFT and Open.ai's  ChatGPT versus Alphabet Inc. NASDAQ: GOOGL and Google's Bard AI.

Will ChatGPT Be the Final Nail in the Coffin for Chegg?

Chegg stock is down over 60% from its 52-week high, and generative AI may be another headwind for investors.

Chegg vs. ChatGPT: How Generative AI Affects Education Stocks

Duolingo

Legalzoom.com

As AI continues its rapid ascent, major companies across various industries are grappling with disruption, forcing them to adapt or face obsolescence.

The AI Effect: Top Companies Struggle to Adapt

SNDL Inc.

Although its business has improved, SNDL still has to show that it can deliver consistent results organically. The rise of AI chatbots like ChatGPT is harming Chegg's prospects.

2 Struggling Stocks I'd Avoid in May

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Chegg, Inc. (“Chegg” or the “Company”) (NASDAQ: CHGG) on behalf of Chegg stockholders. Our investigation concerns whether Chegg has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On February 6, 2023, after the markets closed, Chegg held a conference call to di.

CHEGG ALERT: Bragar Eagel & Squire, P.C. is Investigating Chegg, Inc. on Behalf of Chegg Stockholders and Encourages Investors to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws by Chegg, Inc. (NYSE: CHGG) focused on whether Chegg and certain of its top executive officers made false and misleading statements and/or failed to disclose material information to investors. If you have information that could assist in this investigation or if you are a Chegg investor who suffered a loss and would like to learn more, you can pro.

CHGG INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Chegg, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

NEW YORK--(BUSINESS WIRE)---- $CHGG #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Chegg, Inc. ("Chegg" or "the Company") (NASDAQ: CHGG). Investors who purchased Chegg securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/chgg. The investigation concerns whether Chegg has violated federal securities laws. On February 6, 2023, after the markets closed,.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Chegg, Inc. (CHGG) Investigation

ChatGPT's broad application in various areas impacted this growth stock negatively.

ChatGPT Destroys This Growth Stock

Pearson PLC

Chegg stock got crushed on warnings about ChatGPT's popularity slowing its sales growth next quarter. Longer-term, Chegg plans to incorporate OpenAI software into its offerings to speed growth and reduce costs.

Why Chegg and Pearson Just Popped, but Duolingo Dropped

Chegg CEO Dan Rosensweig told CNBC late Tuesday that the stock's 48% plunge during regular trading hours was "extraordinarily overblown."

News for Chegg Stock (CHGG)