Chegg (NYSE:CHGG) Reports Q1 In Line With Expectations But Stock Drops [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
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Source: Yahoo! Finance
On the other hand, next quarter's revenue guidance of $160 million was less impressive, coming in 7.8% below analysts' estimates. It made a non-GAAP profit of $0.26 per share, down from its profit of $0.27 per share in the same quarter last year. Is now the time to buy Chegg? Find out in our full research report Chegg (CHGG) Q1 CY2024 Highlights: Revenue: $174.4 million vs analyst estimates of $174.1 million (small beat) EPS (non-GAAP): $0.26 vs analyst estimates of $0.25 (5.6% beat) Revenue Guidance for Q2 CY2024 is $160 million at the midpoint, below analyst estimates of $173.6 million Gross Margin (GAAP): 73.3%, in line with the same quarter last year Free Cash Flow of $25.3 million, down 51.1% from the previous quarter Services Subscribers: 4.7 million, down 400,000 year on year Market Capitalization: $721.1 million “Nathan has been core to Chegg's success from our earliest days as a textbook rental company, to leveraging AI today to create a truly personalized
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CHGG
News
- Chegg Strengthens its Academic Advisory Board in UK and Australia, Launches New Student Advisory Council [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- Chegg Strengthens its Academic Advisory Board in UK and Australia, Launches New Student Advisory CouncilBusiness Wire
- Chegg's Stock Price Drops 27% As ChatGPT And Free AI Tools Send Stock Plummeting [Yahoo! Finance]Yahoo! Finance
- Opus Partners with New Relic to Enhance Secure Developer Experience [Yahoo! Finance]Yahoo! Finance
CHGG
Earnings
- 4/29/24 - Beat
CHGG
Sec Filings
- 4/29/24 - Form 10-Q
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form 8-K
- CHGG's page on the SEC website