Chegg, Inc.

Equities

CHGG

US1630921096

Professional Information Services

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
7.1 ^USD	+3.20%		+0.14%	-37.50%

Apr. 19	Coursera, Docebo Offer Attractive Entry Points Amid Discounted Valuations, Positive Q1 Outlooks, Morgan Stanley Says	MT
Apr. 19	Morgan Stanley Cuts Price Target on Chegg to $7 From $8.50, Keeps Underweight Rating	MT

Chegg, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 05, 2024 at 04:05 pm EST

Chegg, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 716.3 million compared to USD 766.9 million a year ago. Net income was USD 18.18 million compared to USD 266.64 million a year ago.

Basic earnings per share from continuing operations was USD 0.16 compared to USD 2.09 a year ago. Diluted loss per share from continuing operations was USD 0.34 compared to diluted earnings per share from continuing operations of USD 1.34 a year ago.

Latest news about Chegg, Inc.

Coursera, Docebo Offer Attractive Entry Points Amid Discounted Valuations, Positive Q1 Outlooks, Morgan Stanley Says	Apr. 19	MT
Morgan Stanley Cuts Price Target on Chegg to $7 From $8.50, Keeps Underweight Rating	Apr. 19	MT
Chegg, Inc. Appoints Deena Bahri as Chief Marketing Officer	Mar. 27	CI
Chegg, Inc. Announces Retirement of Esther Lem as Chief Marketing Officer, Effective April 5, 2024	Mar. 05	CI
BMO Capital Adjusts Price Target on Chegg to $10 From $11, Keeps Market Perform Rating	Feb. 06	MT
UBS Adjusts Price Target on Chegg to $11 from $12, Maintains Neutral Rating	Feb. 06	MT
Goldman Sachs Adjusts Price Target on Chegg to $7 From $8, Maintains Sell Rating	Feb. 06	MT
Piper Sandler Downgrades Chegg to Underweight From Neutral, Adjusts Price Target to $8.50 From $9	Feb. 06	MT
Sector Update: Consumer Stocks Steady Pre-Bell Tuesday	Feb. 06	MT
Morgan Stanley Trims PT on Chegg to $8.50 From $9, Says Q1 Guidance Miss Brings Estimates Lower; Keeps Underweight Rating	Feb. 06	MT
Chegg Q4 Non-GAAP Earnings, Sales Decline; Issues Q1 Guidance	Feb. 05	MT
Chegg Names David Longo as Chief Financial Officer	Feb. 05	MT
Transcript : Chegg, Inc., Q4 2023 Earnings Call, Feb 05, 2024	Feb. 05
Chegg Q4 Subscription Services Subscribers at 4.6 Million, Down 9% From Year Earlier and Trailing Visible Alpha Analyst Consensus of 4.8 Million	Feb. 05	MT
Chegg Guides For Q1 Revenue of $173-$175 Million, vs CIQ Analyst Consensus of $180 Million	Feb. 05	MT
Earnings Flash (CHGG) CHEGG Reports Q4 EPS $0.36, vs. Street Est of $0.36	Feb. 05	MT
Earnings Flash (CHGG) CHEGG Reports Q4 Revenue $188M, vs. Street Est of $186M	Feb. 05	MT
Chegg, Inc. Appoints David Longo as Principal Financial Officer and Treasurer, Effective February 21, 2024	Feb. 05	CI
Chegg, Inc. Provides Earnings Guidance for the First Quarter of 2024	Feb. 05	CI
Chegg, Inc. Appoints David Longo as Chief Financial Officer, Effective February 21, 2024	Feb. 05	CI
Chegg, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 05	CI
Chegg, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 05	CI
North American Morning Briefing : Hopes of March -2-	Feb. 05	DJ
Chegg Shares Drop After Goldman Sachs Downgrade, Price Target Cut	Jan. 19	MT
Top Premarket Decliners	Jan. 19	MT

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Company Profile

Chegg, Inc. provides a student-first connected learning platform. The Company is combining generative artificial intelligence (AI) and human capabilities to provide a personalized learning assistant to be included in its Chegg Study offering. Its service and product offerings fall into two categories: Subscription Services, which encompasses its Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through its websites and on mobile devices, and Skills and Other, which encompasses its Chegg Skills, advertising services, print textbooks and eTextbooks offerings. Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines and subject matter experts. Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math. Chegg Skills offers programs on technical skills, including AI and data analytics.

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Calendar

2024-04-28 - Q1 2024 Earnings Release

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