Earnings Call Summary | Chegg(CHGG.US) Q1 2024 Earnings Conference

The following is a summary of the Chegg, Inc. (CHGG) Q1 2024 Earnings Call Transcript:Financial Performance:Chegg reported a total Q1 revenue of $174 million, down 7% year-over-year, with Subscription

Futu NewsApr 30 06:50 · Conference Call

The AI shock is here! The two major online education stocks in the US both fell sharply

① The stock prices of well-known American online education companies Chegg and Coursera both fell sharply after they issued disappointing performance guidelines; ② Analysts questioned why pay for Chegg when users can get free access to tools such as ChatGPT elsewhere?

cls.cn09:21

Chegg Stock Sinks on Disappointing Q2 Guidance, AI Headwinds

Yahoo Finance04:11

Chegg, Coursera Shares Drop on Challenging Online Learning Outlook -- WSJ

By Sabela Ojea Shares of Chegg and Coursera on Tuesday dropped after the education technology companies cut their guidance and warned investors about their performance in the upcoming quarters. Cheg

WSJ03:49

Top Midday Decliners

Chegg (CHGG) shares slumped 27% amid heavy trading Tuesday a day after the company reported a year-over-year decline in Q1 non-GAAP net income and revenue. Jefferies downgraded the stock to underperfo

MT Newswires03:04

Why Chegg Shares Are Plummeting Today

Chegg, Inc. (NYSE:CHGG) shares are trading lower today. Several analysts cut the price target after it released first-quarter FY24 financial results and issued second-quarter net revenue guidance belo

Benzinga03:00