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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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11.03.25 - 14:06
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Chegg Donates $50,000 to Stevens Institute of Technology′s iSTEM and Launchpad Programs to Power Student Innovation (Business Wire)
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The donation will provide funding for student-led startups, covering essential materials, supplies, and technology to accelerate their ventures.
HOBOKEN, N.J.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today a $50,000 donation to Stevens Institute of Technology's iSTEM and Launchpad@Stevens programs from the Chegg.org Impact Fund–marking the first-ever matching gift to expand the program's impact beyond the university.
"Chegg truly understands the modern student experience, and we are proud to support institutions that are reimagining curriculum to better engage and assess students,” said Nathan Schultz, Chegg CEO. “The iSTEM program is a shining example of how innovation in education can empower students to turn bold ideas into reality. This gift reaffirms our commitment to championing forward-thinking programs that challenge the status quo and drive meaningful change.”
As part of this commitment, up to $5,000 will be allocated to ten iSTEM and Lau...
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25.02.25 - 18:30
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Chegg Aktie: Kurszielsenkung (Aktiencheck)
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Minneapolis (www.aktiencheck.de) - Rating-Update:
Northland Capital Markets stuft die Aktie von Chegg Inc. (ISIN: US1630921096, WKN: A1W4ER, Ticker-Symbol: 0CG, NYSE-Symbol: CHGG) weiterhin mit "market perform" ein und senkt das Kursziel von 3 auf 2 USD. (Update vom 25.02.2025)
Bitte beachten Sie auch Informationen zur Offenlegungspflicht bei Interessenskonflikten im Sinne der Richtlinie 2014/57/EU und entsprechender Verordnungen der EU für das genannte Analysten-Haus unter folgendem Link. [mehr]...
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