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Chegg Inc (CHGG.N)

CHGG.N on New York Stock Exchange

14.51USD
17 Nov 2017
Change (% chg)

$-0.22 (-1.49%)
Prev Close
$14.73
Open
$14.63
Day's High
$14.93
Day's Low
$14.35
Volume
243,989
Avg. Vol
315,267
52-wk High
$16.50
52-wk Low
$6.85

Latest Key Developments (Source: Significant Developments)

Chegg Inc qtrly ‍loss per share $0.11​
Monday, 30 Oct 2017 04:05pm EDT 

Oct 30 (Reuters) - Chegg Inc ::Chegg reports Q3 2017 financial results and raises full year 2017 guidance.Q3 revenue $62.6 million versus i/b/e/s view $57.8 million.Sees fy 2018 revenue about $295 million.Sees q4 2017 revenue $70 million to $71 million.Sees fy 2017 revenue $251 million to $252 million.Chegg Inc qtrly ‍loss per share $0.11​.  Full Article

Chegg acquires math technology
Wednesday, 18 Oct 2017 09:02am EDT 

Oct 18 (Reuters) - Chegg Inc :Chegg acquires math technology.Chegg inc - deal for ‍eur 12.5 million​.Chegg inc - ‍as a result of acquisition, chegg does not expect any material effect on operations for 2017​.Chegg - potential additional payments of up to eur 7.5 million and up to eur 3.2 million in rsus over next three years are subject to contingencies​.Chegg inc - acquired german-based cogeon gmbh, a provider of adaptive math technology and developer of math app, math 42​.  Full Article

Chegg reports pricing of follow-on offering
Wednesday, 2 Aug 2017 07:00pm EDT 

Aug 2 (Reuters) - Chegg Inc ::Chegg announces pricing of follow-on offering.Says offering of 10.0 million common shares priced at $13.50per share.  Full Article

Chegg files for stock shelf offering ‍​of up to 8 mln shares
Monday, 31 Jul 2017 05:10pm EDT 

July 31 (Reuters) - Chegg Inc -:Chegg Inc files for stock shelf offering ‍​of up to 8 million shares - sec filing.  Full Article

Chegg reports qtrly ‍net loss per share $0.06​
Tuesday, 25 Jul 2017 04:05pm EDT 

July 25 (Reuters) - Chegg Inc ::Chegg reports Q2 2017 financial results and raises full year guidance.Sees FY 2017 capital expenditures in range of $20 million to $25 million.Q2 revenue $56.3 million versus I/B/E/S view $53.3 million.Sees Q3 2017 revenue $56 million to $58 million.Sees FY 2017 revenue $241 million to $243 million.Sees ‍Q3 Chegg Services revenues in range of $37 million to $39 million​.Sees 2017 ‍chegg Services revenues in range of $180 million to $182 million​.Qtrly ‍net loss per share $0.06​.Sees ‍Q3 2017 adjusted EBITDA in range of $3 million to $4 million​.Sees ‍full year 2017 free cash flow in range of $18 million to $22 million​.Sees ‍full year 2017 adjusted EBITDA in range of $41 million to $42 million​.Q3 revenue view $56.8 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $238.9 million -- Thomson Reuters I/B/E/S.Qtrly non-gaap earnings per share $0.06.Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.  Full Article

Time Inc appoints John Fahey as non-executive chairman
Wednesday, 10 May 2017 06:00am EDT 

May 10 (Reuters) - Time Inc :John Fahey appointed non-executive chairman of Time Inc; Dan Rosensweig nominated to board of directors.Time-Dan Rosensweig, president & CEO of online learning platform Chegg & Former chief operating officer at Yahoo, nominated to board.Time Inc - executive chairman Joseph Ripp and director Sir Howard Stringer will be retiring from board.  Full Article

Chegg qtrly loss per share $0.07
Monday, 1 May 2017 04:05pm EDT 

May 1 (Reuters) - Chegg Inc ::Chegg reports strong Q1 2017 financial results and raises full year guidance.Q1 revenue $62.6 million versus I/B/E/S view $58.5 million.Sees Q2 2017 revenue $52 million to $54 million.Sees fy 2017 revenue $235 million to $240 million.Chegg Inc qtrly loss per share $0.07.Chegg inc sees q2 2017 total net revenues in range of $52 million to $54 million.Chegg inc sees q2 2017 gross margin between 68% to 70%.Chegg inc sees q2 2017 adjusted ebitda in range of $7 million to $9 million.Chegg inc sees full year 2017 total net revenues in range of $235 million to $240 million.Chegg inc sees full year 2017 adjusted ebitda in range of $38 million to $40 million.Chegg inc sees full year 2017 capital expenditures in range of $20 million to $25 million.Q2 revenue view $50.2 million -- Thomson Reuters I/B/E/S.Fy2017 revenue view $231.0 million -- Thomson Reuters I/B/E/S.  Full Article

Chegg reports Q4 rev $254.1 mln
Monday, 13 Feb 2017 04:05pm EST 

Chegg Inc : Chegg reports Q4 and full year 2016 financial results . Q4 revenue fell 16 percent to $254.1 million . Q4 revenue view $58.8 million -- Thomson Reuters I/B/E/S . Sees Q1 2017 revenue $57 million to $59 million . Sees FY 2017 revenue about $230 million . Q1 earnings per share view $0.02, revenue view $57.7 million -- Thomson Reuters I/B/E/S . Chegg services revenues grew 54pct year-over-year to $44.3 million, or 70pct of total net revenues compared to 42 pct in Q4 2015 . Says Q4 required materials revenues of $18.8 million compared to $39.5 million in Q4 2015 . Sees Q1 Chegg services revenues in range of $38 million to $40 million . Sees Q1 gross margin between 62 pct to 64 pct .Sees 2017 total net revenues of $230 million.  Full Article

Chegg reports Q2 2016 results
Monday, 1 Aug 2016 04:04pm EDT 

Chegg Inc : Q2 revenue $53 million versus I/B/E/S view $51.2 million . Chegg reports second quarter 2016 results . Qtrly loss per share $0.10 . Sees Q3 Non-GAAP total net revenues in range of $48 million and $52 million .Sees adjusted EBITDA to range between loss of $2 million and breakeven in Q3.  Full Article

Chegg acquires Imagine Easy Solutions
Monday, 2 May 2016 04:02pm EDT 

Chegg Inc:Chegg acquires Imagine Easy Solutions, a market leader of online writing tools.Chegg has acquired imagine easy for approximately $42 million in an all-cash transaction.Transaction is anticipated to be accretive to Chegg's fiscal 2016 revenues and earnings.There are potential additional payments of up to $18 million over next three years that remain subject to contingencies.Of $42 million, approximately $25 million paid at closing and $17 million of which is to be paid by April 2017.There are potential additional payments of up to $18 million over next three years that remain subject to contingencies.Contingent payments may be settled either in cash or common stock, at discretion of Chegg.  Full Article

BRIEF-Chegg Inc qtrly ‍loss per share $0.11​

* Chegg reports Q3 2017 financial results and raises full year 2017 guidance