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Stock impact report

Chegg targets double-digit growth for skilling business in 2026 as company restructures and expands B2B partnerships [Seeking Alpha]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Seeking Alpha
Daniel Rosensweig, President & CEO, stated, "We are rebuilding the company focused on the $40 billion skilling market, which we believe will be a double-digit revenue growth business for Chegg, with strong margins and cash flow in the Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Chegg is reallocating resources to focus on its skilling division, rebranding its operations, expanding its course catalog, emphasizing B2B partnerships, and aiming for double-digit revenue growth. Revenue growth drivers include expanding technical AI and professional skills offerings, new and extended partner contracts, increased B2B distribution, and ongoing investment in product and international expansion. Risks include ongoing restructuring and severance costs affecting cash flow, potential NYSE delisting, and traffic impacts from changing search interf Show less Read more
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