US1630921096 - Common Stock
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 21.1% in the morning session after the company reported disappointing third-quarter results. Its number of users declined, and this figure fell short of Wall Street's estimates. Looking ahead, revenue and EBITDA guidance for the next quarter also missed. Overall, this quarter was mediocre, and with the market thinking that Chegg's business will be decimated by AI, the company needs much better quarters to convince investors otherwise and get the stock up.
Get insights into the top gainers and losers of Tuesday's after-hours session.
Online study and academic help platform Chegg (NYSE:CHGG) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell 13.5% year on year to $136.6 million. On the other hand, next quarter’s revenue guidance of $142 million was less impressive, coming in 11.8% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was also 27.2% above analysts’ consensus estimates.
Online study and academic help platform Chegg (NYSE:CHGG) will be reporting earnings tomorrow after market hours. Here’s what investors should know.
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chegg (NYSE:CHGG) and the best and worst performers in the consumer subscription industry.
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
One of these stocks is not like the others.
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised...
Chegg stock is down on Tuesday alongside CHGG investors reacting to its revenue outlook in its most recent earnings report.
We have all of the biggest pre-market stock movers that traders are going to want to read about on Tuesday!
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chegg (NYSE:CHGG) just reported results for the second quarter of 2024.Chegg re...
CHGG stock results show that Chegg beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
Online study and academic help platform Chegg (NYSE:CHGG) will be reporting earnings tomorrow after market close. Here's what you need to know.