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Chegg Inc (CHGG.N)

CHGG.N on New York Stock Exchange

34.00USD
1:40am IST
Change (% chg)

$0.72 (+2.16%)
Prev Close
$33.28
Open
$33.33
Day's High
$34.41
Day's Low
$33.33
Volume
406,483
Avg. Vol
371,760
52-wk High
$48.22
52-wk Low
$22.68

Latest Key Developments (Source: Significant Developments)

Chegg To Acquire Online Skills-Based Learning Platform Thinkful To Help Students Accelerate Their Path From Learning To Earning
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Chegg Inc ::CHEGG TO ACQUIRE ONLINE SKILLS-BASED LEARNING PLATFORM THINKFUL TO HELP STUDENTS ACCELERATE THEIR PATH FROM LEARNING TO EARNING.CHEGG INC - EXPECTS TO ACQUIRE THINKFUL FOR APPROXIMATELY $80 MILLION IN AN ALL-CASH TRANSACTION.CHEGG INC - POTENTIAL ADDITIONAL PAYMENTS OF UP TO $20 MILLION.CHEGG INC SEES 2019 TOTAL REVENUE $400 MILLION - $404 MILLION.CHEGG INC SEES 2019 ADJUSTED EBITDA: $117 MILLION - $120 MILLION.CHEGG INC - HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE THINKFUL.  Full Article

Chegg Reports Qtrly Adjusted Earnings Per Share $0.15
Tuesday, 30 Apr 2019 

April 29 (Reuters) - Chegg Inc ::CHEGG REPORTS Q1 2019 FINANCIAL RESULTS AND RAISES FULL YEAR 2019 GUIDANCE.Q1 REVENUE $97.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $94.7 MILLION.SEES FY 2019 REVENUE $393 MILLION TO $398 MILLION.SEES Q2 2019 REVENUE $91 MILLION TO $93 MILLION.FY2019 REVENUE VIEW $394.1 MILLION -- REFINITIV IBES DATA.Q2 REVENUE VIEW $92.1 MILLION -- REFINITIV IBES DATA.QTRLY LOSS PER SHARE $0.04.Q1 EARNINGS PER SHARE VIEW $0.12 -- REFINITIV IBES DATA.QTRLY ADJUSTED EARNINGS PER SHARE $0.15.SEES Q2 ADJUSTED EBITDA IN RANGE OF $27 MILLION TO $28 MILLION.SEES 2019 ADJUSTED EBITDA IN RANGE OF $117 MILLION TO $120 MILLION.  Full Article

Chegg Says Issued Additional $100 Mln Of 0.125% Convertible Senior Notes
Saturday, 6 Apr 2019 

April 5 (Reuters) - Chegg Inc ::CHEGG INC - ISSUED ADDITIONAL $100.0 MILLION OF ITS 0.125% CONVERTIBLE SENIOR NOTES DUE 2025 TO INITIAL PURCHASERS IN A PRIVATE PLACEMENT.  Full Article

Chegg Prices Upsized Offering Of $700.0 Million Of 0.125 Pct Convertible Senior Notes Due 2025
Friday, 22 Mar 2019 

March 22 (Reuters) - Chegg Inc ::CHEGG PRICES UPSIZED OFFERING OF $700.0 MILLION OF 0.125% CONVERTIBLE SENIOR NOTES DUE 2025.AGGREGATE PRINCIPAL AMOUNT OF OFFERING WAS INCREASED FROM PREVIOUSLY ANNOUNCED OFFERING SIZE OF $500.0 MILLION.  Full Article

Chegg To Offer $500.0 Million Of Convertible Senior Notes Due 2025
Thursday, 21 Mar 2019 

Chegg Inc ::CHEGG TO OFFER $500.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2025.CHEGG INC - NOTES WILL MATURE ON MARCH 15, 2025, UNLESS REPURCHASED, REDEEMED OR CONVERTED IN ACCORDANCE WITH THEIR TERMS PRIOR TO SUCH DATE.CHEGG INC - INTENDS TO GRANT TO INITIAL PURCHASERS OF NOTES AN OPTION TO PURCHASE UP TO AN ADDITIONAL $75.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES.CHEGG - EXPECTS TO USE A PORTION OF PROCEEDS FROM OFFERING TO PAY COST OF CAPPED CALL TRANSACTIONS DESCRIBED BELOW TO MANAGE POTENTIAL DILUTION.  Full Article

Chegg Reports Q1 Loss Per Share Of $0.02
Friday, 27 Apr 2018 

April 26 (Reuters) - Chegg Inc ::CHEGG REPORTS Q1 2018 FINANCIAL RESULTS AND RAISES FULL YEAR 2018 GUIDANCE.Q1 REVENUE $76.9 MILLION VERSUS I/B/E/S VIEW $74.2 MILLION.SEES FY 2018 REVENUE $300 MILLION TO $305 MILLION.SEES Q2 2018 REVENUE $69 MILLION TO $71 MILLION.SEES FY 2018 CAPITAL EXPENDITURES IN THE RANGE OF $30 MILLION TO $35 MILLION.SEES 2018 ADJUSTED EBITDA IN RANGE OF $77 MILLION TO $79 MILLION.SEES Q2 2018 ADJUSTED EBITDA IN RANGE OF $17 MILLION TO $18.5 MILLION.SEES 2018 CHEGG SERVICES REVENUES IN RANGE OF $243 MILLION TO $246 MILLION.SEES Q2 2018 CHEGG SERVICES REVENUES IN RANGE OF $58 MILLION TO $60 MILLION.QTRLY NET LOSS PER SHARE, $0.02.Q1 EARNINGS PER SHARE VIEW $0.09 -- THOMSON REUTERS I/B/E/S.QTRLY NON-GAAP NET INCOME WAS $12.9 MILLION.  Full Article

Chegg Q4 Earnings Per Share $0.03
Tuesday, 13 Feb 2018 

Feb 12 (Reuters) - Chegg Inc ::CHEGG REPORTS Q4 AND FULL YEAR 2017 FINANCIAL RESULTS AND RAISES 2018 GUIDANCE.SEES FY 2018 REVENUE $295 MILLION TO $300 MILLION.SEES Q1 2018 REVENUE $73 MILLION TO $75 MILLION.QTRLY TOTAL NET REVENUES OF $73.5 MILLION, AN INCREASE OF 17% YEAR-OVER-YEAR.QTRLY EARNINGS PER SHARE $0.03.SEES Q1 2018 ADJUSTED EBITDA IN RANGE OF $14 MILLION TO $16 MILLION.SEES FULL YEAR 2018 CAPITAL EXPENDITURES IN RANGE OF $30 MILLION TO $35 MILLION.SEES FULL YEAR 2018 ADJUSTED EBITDA IN RANGE OF $74 MILLION TO $76 MILLION.Q4 EARNINGS PER SHARE VIEW $0.13, REVENUE VIEW $70.6 MILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.08 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $71.5 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $295.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Chegg Inc qtrly ‍loss per share $0.11​
Tuesday, 31 Oct 2017 

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 

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