Chegg vs. Udemy: Which EdTech Stock Offers More Upside Now?
The market's inclination toward digital learning, particularly AI-based alternatives, is favoring the edtech market and the firms operating within it, such as Chegg, Inc. CHGG and Udemy, Inc. UDMY. Additionally, the demand for personalized or adaptive learning in K-12, higher education and adult learning programs is also driving the industry.
Chegg shares slide amid $7.5M FTC settlement over subscription cancellations
Chegg (NYSE:CHGG) shares moved lower after it was revealed that the educational technology platform has agreed to $7.5 million to settle Federal Trade Commission (FTC) claims that it made it difficult for consumers to cancel recurring subscriptions. The FTC alleged that Chegg buried cancellation options on its website and imposed a confusing, cumbersome process, with internal communications indicating the company was aware of the difficulty.
Will Busuu's 15% Growth Make Chegg a Language-Learning Leader?
Chegg, Inc. CHGG is currently focusing on two primary growth areas: language learning and workplace readiness and upskilling, with the Busuu and Skills businesses serving as the primary growth engines in the upcoming years. Busuu is the language learning business that recently underwent AI integration, offering it a distinct edge in the market.
Chegg Turns to AI for Efficiency: Enough to Offset Subscriber Decline?
Chegg, Inc. CHGG is leaning heavily on artificial intelligence (“AI”) to reshape its business model as it navigates a turbulent period marked by sharp subscriber losses. The education-technology firm reported second-quarter 2025 revenues of $105.1 million, down 36% year over year, with subscription services revenue falling 39% to $89.7 million.
Chegg, Inc. (CHGG) Q2 2025 Earnings Call Transcript
Chegg, Inc. (NYSE:CHGG ) Q2 2025 Earnings Conference Call August 5, 2025 4:30 PM ET Company Participants David Longo - CFO, Principal Financial & Accounting Officer and Treasurer Nathan Schultz - CEO, President & Director Tracey Ford - Vice President of Investor Relations Conference Call Participants Devin Au - KeyBanc Capital Markets Inc., Research Division Matthew Dineen Shea - Needham & Company, LLC, Research Division Operator Greetings, and welcome to Chegg Inc.'s Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Chegg (CHGG) Q2 Earnings and Revenues Beat Estimates
Chegg (CHGG) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of a loss of $0.23 per share. This compares to earnings of $0.24 per share a year ago.
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 (CHGG) Reports Q1 Loss, Tops Revenue Estimates
Chegg (CHGG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.26 per share a year ago.
Unlocking Q1 Potential of Chegg (CHGG): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Chegg (CHGG) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Chegg: Escalating Crisis Mode
Chegg, Inc. faces a crisis due to AI, with revenues down 24% YOY. The online tutoring platform has promising AI tools, but generative AI and Google AIO are reducing the need for Chegg's subscription services, impacting traffic and revenue. Chegg's financials are deteriorating, with a significant decline in subscribers and revenue, and potential cash burn if the trend continues.
