NEW YORK, NY / ACCESSWIRE / August 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.
NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.
NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.
NEW YORK, NY / ACCESSWIRE / August 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.
NEW YORK, NY / ACCESSWIRE / August 7, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE:CHGG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Chegg continues struggling to transition post-COVID, with the stock plummeting despite solid cash flow potential. The ed-tech company beat Q2 estimates, but Chegg cut Q3 estimates by up to $10 million. The AI-enhanced platform shows promise in increasing student engagement, potential for growth and higher subscriber retention.
NEW YORK, NY / ACCESSWIRE / August 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Chegg, Inc. ("Chegg") (NYSE:CHGG) concerning possible violations of federal securities laws. Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking "$481.5 million of non-cash impairment charges.
Chegg (NYSE: CHGG ) stock is falling hard on Tuesday after the direct-to-student learning platform company released its latest earnings report. In the second quarter of 2024, Chegg released an updated guidance for the third quarter of the year.
Chegg, Inc. (NYSE:CHGG ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Tracey Ford - VP, IR and ESG Nathan Schultz - President and CEO David Longo - CFO Conference Call Participants Bryan Smilek - JPMorgan Eric Sheridan - Goldman Sachs Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Devin Au - KeyBanc Capital Markets Operator Greetings, and welcome to Chegg, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for Chegg (CHGG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Chegg (CHGG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.28 per share a year ago.
Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.