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05.08.25 - 22:09
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Chegg Reports 2025 Second Quarter Earnings (Business Wire)
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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, 2025.
“We had a good Q2, exceeding our guidance and actively engaging on the strategic review process and the transformation of Chegg. We remain focused on implementing AI to transform Chegg Study, making it a more efficient business to run, while still differentiating our product and adding value to millions of students,” said Nathan Schultz, Chief Executive Officer & President of Chegg, Inc. “In addition, we are evolving to be a skills focused organization, with Busuu and Skills, both representing a tremendous market opportunity and Chegg's future growth engines.”
Second Quarter 2025 Highlights
Total Net Revenues of $105.1 million, a decrease of 36% year-over-year
Subscription Services Revenues of $89.7 million, a decrease of 39% year-over-year
Gross Margin of 66%
Non-GAAP Gross Margin of 68%
Net Loss was $35.7...
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24.07.25 - 22:09
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Chegg, Inc. to Announce Second Quarter 2025 Financial Results (Business Wire)
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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, August 5, 2025, after market close for the second quarter of 2025, which ended on June 30, 2025. Chegg will host a conference call to discuss the second 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 August 5, 2025 until 11:59 p.m. Eastern Time on August 12, 2025 by calling 1-844-512-2921 or outside the U.S. +1-412-317-6671 with Access ...
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12.05.25 - 13:36
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Chegg Reports 2025 First Quarter Earnings (Business Wire)
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Makes progress on strategic alternatives process and initiates additional restructuring of the business
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 March 31, 2025.
“In Q1, we exceeded our revenue and adjusted EBITDA expectations, delivered $16 million of free cash flow and continued to diversify our revenue streams. We are encouraged by the conversations in our strategic alternatives process and the value these organizations see in our business,” said Nathan Schultz, Chief Executive Officer & President of Chegg, Inc. “Despite these promising developments, we believe the trends impacting our business will worsen before they get better. We are taking steps to further align costs with our outlook, including an additional restructuring of our business.”
First Quarter 2025 Highlights
Total Net Revenues of $121.4 million, a decrease of 30% year-over-year
Subscription Serv...
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10.04.25 - 23:45
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Chegg, Inc. to Announce First Quarter 2025 Financial Results (Business Wire)
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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 Monday, May 12, 2025, before market open for the first quarter of 2025, which ended on March 31, 2025. Chegg will host a conference call to discuss the first quarter financial results at 5:00 a.m. Pacific Time (8:00 a.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 12:00 p.m. Eastern Time on May 12, 2025 until 11:59 p.m. Eastern Time on May 19, 2025 by calling 1-844-512-2921 or outside the U.S. +1-412-317-6671 with Access ID 13753...
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