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16.04.26 - 22:06
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Chegg, Inc. to Announce First Quarter 2026 Financial Results (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a global learning company, announced today that it will release its earnings results for the first quarter of 2026, which ended on March 31, 2026, on Wednesday, May 6, 2026. Chegg will host a conference call to discuss the first 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 outside the U.S. +1-201-689-8471. A live webcast of the call will also be available at https://investor.chegg.com under the Events & Presentations menu. Participants can also access the call using the Call me™ link for instant telephone access to the event, which will be active 15 minutes before the scheduled start time.
An audio replay will be available from 7:30 p.m. Eastern Time on May 6, 2026 until 11:59 p.m. Eastern Time on May 20, 2026 by calling 1-844-512-2921 or outside the U.S. +1-412-317-6671 with Access ID 13760028. An audio archive of the call will also be available at...
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08.04.26 - 18:42
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Galloway Capital Partners Announces 5.44% Ownership in Chegg, Inc. and Highlights Significant Value Opportunity (Business Wire)
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MIAMI--(BUSINESS WIRE)--Galloway Capital Partners, LLC (“Galloway”) today announced that it has acquired an ownership position of approximately 5.44% in Chegg, Inc. (NYSE: CHGG) (“Chegg” or the “Company”).
Galloway believes Chegg's current share price reflects a substantial disconnect from its intrinsic value. At current levels, the market appears to be pricing the Company as though it is in financial distress, a characterization Galloway believes is fundamentally incorrect.
Galloway expressed support for management's ongoing efforts to reposition the business and believes that a strategic separation of Chegg's business units represents a compelling opportunity to unlock shareholder value.
“We believe Chegg is materially undervalued and that the current share price reflects a fundamental misunderstanding of the business,” said Bruce Galloway, Chief Investment Officer of Galloway Capital Partners. “With a more focused strategic structure and continued execution, we see a clear and acti...
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13.03.26 - 21:33
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Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08 (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning company, today announced that on March 13, 2026 (“Grant Date”), its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan (the “Plan”).
One newly hired employee received a grant of restricted stock units (“RSUs”) representing 150,000 shares of Chegg common stock (“Shares”) in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The RSUs will vest over two years, with 50% of the Shares vesting after the employee has been employed for 12 months of continuous service after the Grant Date, and the remaining 50% of the Shares will vest in equal quarterly installments after the completion of continuous service thereafter.
About Chegg
Chegg is a learning platform helping businesses bring new skills to their workforce and giving lifelong learners and students the skills and confidence to succeed. Focused on the skilling market, which ...
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17.02.26 - 15:06
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Chegg Announces Repurchase of 0% Convertible Senior Notes Due 2026 (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning company, today announced that it has entered into an individual, privately negotiated repurchase agreement with a holder of its outstanding 0% Convertible Senior Notes due 2026 (the “Notes”) to repurchase $20.0 million in aggregate principal amount of the Notes for an aggregate cash repurchase price of $19.4 million (the “Notes Repurchase Transaction”). The Notes Repurchase Transaction was entered into in connection with Chegg's previously announced securities repurchase program and is expected to close on February 20, 2026, subject to the satisfaction of customary closing conditions. Following the closing, approximately $33.9 million aggregate principal amount of the Notes will remain outstanding and approximately $122.4 million will remain available under Chegg's securities repurchase program.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there b...
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09.02.26 - 22:09
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Chegg Reports 2025 Fourth Quarter and Full Year Financial Results (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning company, today reported financial results for the quarter and year ended December 31, 2025.
“We are reinventing Chegg around the $40 billion skilling market, which we believe can drive double-digit growth with strong margins and cash flow in the years to come,” said Dan Rosensweig, CEO & Executive Chairman of Chegg, Inc. “We've organized the company into two focused businesses: Chegg Skilling as our growth engine and our legacy Academic Services, which generates free cash flow that strengthens our balance sheet and positions us to end 2026 debt-free with a substantial cash balance.”
Fourth Quarter 2025 Highlights
Total Net Revenues of $72.7 million, a decrease of 49% year-over-year
Chegg Skilling Revenues of $17.7 million, an increase of 11% year-over-year
Gross Margin of 57%
Non-GAAP Gross Margin of 60%
Net Loss was $32.8 million
Non-GAAP Net Loss was $0.7 million
Adjusted EBITDA was $12.9 million
Full Year 2025 Highlight...
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09.02.26 - 15:06
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Chegg Appoints Karine Allouche as General Manager, Language Learning, Worldwide and Skills Integration, Europe (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a global learning company, today announced that Karine Allouche will join Busuu, Chegg's language learning business, as General Manager of Language Learning, Worldwide, and Skills Integration, Europe, effective February 9, 2026.
In her role, Karine will focus on strengthening execution, accelerating growth, and deepening collaboration across the company, in partnership with Chegg's leadership team and the board. In addition to leading language learning, Karine will own Chegg's European commercial engine and play a key role in shaping how language and skills come together in a unified go-to-market strategy.
Karine has vast experience in building and transforming global enterprise businesses across education technology, SaaS, and cloud platforms. Most recently, she served as Vice President and General Manager of Enterprise at Coursera, where she led the turnaround of the company's $239 million enterprise business — reversing a multi-year declin...
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