Why Shares of Chegg Inc. Are Surging Today [The Motley Fool]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
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investor.chegg.com/overview/default.aspx
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Source: The Motley Fool
The digital education company's shift away from textbooks is paying off. Timothy Green ( TMFBargainBin ) Feb 13, 2018 at 12:57PM What happened Shares of Chegg Inc. ( NYSE:CHGG ) jumped on Tuesday after the connected learning platform provider reported its fourth-quarter results. The company beat analyst estimates for both revenue and earnings, pushing the stock up about 15.5% by 12:10 p.m. EST. So what Chegg reported fourth-quarter revenue of $73.5 million, up 17% year over year and about $2.9 million higher than the average analyst estimate. On a non-GAAP basis, which treats the transition of textbook inventory investment, logistics, and fulfillment for Chegg's print textbook business to Ingram Content Group as complete, revenue grew by 30% year over year. Image source: Getty Images. Non-GAAP earnings per share came in at $0.15,
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CHGG
News
- Chegg, Inc. (NYSE: CHGG) had its price target lowered by analysts at Morgan Stanley from $8.50 to $7.00. They now have an "underweight" rating on the stock.MarketBeat
- Global Processing Standardizes on New Relic [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08 [Yahoo! Finance]Yahoo! Finance
- Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08Business Wire
- Down -13.03% in 4 Weeks, Here's Why Chegg (CHGG) Looks Ripe for a Turnaround [Yahoo! Finance]Yahoo! Finance
CHGG
Earnings
- 2/5/24 - Beat
CHGG
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEF
- 4/19/24 - Form DEFA14A
- CHGG's page on the SEC website