Chegg Stock News

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that it has entered into individual, privately negotiated repurchase agreements with certain holders of its outstanding 0% Convertible Senior Notes due 2026 (the “Notes”) to repurchase approximately $116.6 million in aggregate principal amount of the Notes for an a...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on November 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. One newly hired employee received an award of restricted stock units (“RSUs”) representing 3,575 shares of Chegg common stock in reliance ...

Chegg, Inc. faces an existential crisis due to AI impacts, with declining revenues and subscribers, despite attempts at restructuring and AI integration. The company reported Q3 '24 revenues down 13% YoY, with 3.8 million subscribers, but saw a 79% increase in questions asked due to AI capabilities. Management's restructuring plans aim to save $100-$120 million annually, but reduced R&D and mar...

Chegg, Inc. (NYSE:CHGG ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Tracey Ford - Vice President of Investor Relations & ESG Nathan Schultz - President & Chief Executive Officer David Longo - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Ryan MacDonald - Needham & Company Alex Fuhrman - Craig-Hallum Capital Group Opera...

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 September 30, 2024. “While the global education industry continues to experience tremendous change, in Q3, we showed early progress against our strategic plan and delivered better-than-expected revenue and adjusted EBIT...

Chegg stock price has imploded as it became one of the biggest victims of the artificial intelligence craze. CHGG shares have crashed by over 80% this year and by almost 100% from its all-time high of $115.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on October 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. One newly hired employee received an award of restricted stock units (“RSUs”) representing 50,000 shares of Chegg common stock in reliance ...

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 Tuesday, November 12, 2024, after market close for the third quarter of 2024, which ended on September 30, 2024. Chegg will host a conference call to discuss the third-quarter financial results at 1:30 p.m. Paci...