Summary
0A4Z Chart
Homework tool Chegg to slash 22% of workforce as AI bots steal away students
Chegg also plans to close its physical offices in the US and Canada by the end of the year, as well as cut back on new product development and reduce administrative costs.
Chegg (CHGG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Chegg (CHGG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Chegg, Inc. (CHGG) Q1 2025 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG ) Q1 2025 Earnings Conference Call May 12, 2025 8:00 AM ET Company Participants Tracey Ford - Investor Relations Nathan Schultz - President and Chief Executive Officer David Longo - Chief Financial Officer Conference Call Participants Ryan MacDonald - Needham & Company Operator Greetings, and welcome to the Chegg First Quarter 2025 Earnings Call. At this time all participants are in a listen-only mode.
Chegg Inc. Dividends
Chegg Inc. Earnings
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 3 Feb 2025 Date | | - Cons. EPS | - EPS |
| 12 Nov 2024 Date | | 0.08 Cons. EPS | 0.09 EPS |
| 28 Oct 2024 Date | | - Cons. EPS | - EPS |
| 5 Aug 2024 Date | | 0.22 Cons. EPS | 0.24 EPS |
| 28 Apr 2025 Date | | - Cons. EPS | - EPS |
| 3 Feb 2025 Date | | - Cons. EPS | - EPS |
| 12 Nov 2024 Date | | 0.08 Cons. EPS | 0.09 EPS |
| 28 Oct 2024 Date | | - Cons. EPS | - EPS |
| 5 Aug 2024 Date | | 0.22 Cons. EPS | 0.24 EPS |
Chegg Inc. (0A4Z) FAQ
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Chegg Inc. Profile
| Education & Training Services Industry | Consumer Defensive Sector | Mr. Nathan Schultz CEO | LSE Exchange | US1630921096 ISIN |
| US Country | 1,241 Employees | - Last Dividend | - Last Split | 13 Nov 2013 IPO Date |
Overview
Chegg, Inc. is a prominent player in the educational technology sector, providing a comprehensive direct-to-student learning platform designed to empower learners by equipping them with crucial life and job skills. This accelerates students' progression from learning programs to practical application, both across the United States and internationally. The platform's success hinges on its array of subscription services, resources for rent and purchase, and advertisement offerings. Founded in 2005 and based in Santa Clara, California, Chegg has established itself as a critical resource for students and companies, leveraging direct marketing tactics and social media to reach its audience.
Products and Services
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Chegg Study:
This service offers personalized learning support through artificial intelligence, computational engines, and subject matter experts. It includes specialized offerings like Tinger Gold and DashPash Student services, catering to students' needs for step-by-step guidance.
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Chegg Writing:
Helps students enhance their writing skills with a comprehensive toolset, including plagiarism detection, grammar and writing fluency checks, expert writing feedback, and premium citation generation. This service aims to improve the overall quality of students' written work.
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Chegg Math:
Aided by a step-by-step problem solver and calculator, Chegg Math makes solving complex math problems more manageable, supporting students in developing their math skills effectively.
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Chegg Study Pack:
This bundle amalgamates various subscription products such as Chegg Study, Chegg Writing, and Chegg Math, offering a comprehensive solution that addresses multiple academic needs.
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Busuu:
An online language learning platform that provides extensive support through self-paced lessons, live classes with expert tutors, and a community of fellow learners for practice. The goal is to facilitate language learning in an engaging and effective manner.
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Technical and Soft Skills Learning:
Chegg has expanded into skills-based learning platforms, enabling students to learn essential technical skills, including AI, coding, data analytics, and cybersecurity, as well as vital soft skills like emotional intelligence, mindset development, emerging leadership, and decision-making.
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Textbook Rental and Sales:
The company offers a range of options for acquiring textbooks, including both rental and purchase options, for print textbooks and eTextbooks. This service is designed to make accessing educational materials more convenient and affordable for students.
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Advertising Services:
Chegg also provides advertising opportunities, allowing other businesses to reach its substantial student audience through various channels.
Contact Information
