Chegg Inc. Reports Q4 Losses, Revenues Decline

Chegg Inc. faces disappointing earnings with a net loss of $6.13 million in Q4, significantly down from last year's profit. The company's EPS dropped to -$0.06 amid lower revenues, impacting investor sentiment.

Date: 25-02-2025

AI Rating: 4

Earnings Per Share (EPS): Chegg Inc. reported an EPS of -$0.06 for Q4, down from $0.09 in the same period last year. This negative shift indicates a loss in value for shareholders and may lead to decreased confidence in the company's future performance.

Net Income: The company experienced a net loss of $6.13 million in Q4, compared to a gain of $9.67 million in the same quarter last year. Such a decline in profitability is significant and could negatively impact investor perception and stock prices.

Revenue Growth: Revenue for Q4 was reported at $143.48 million, down from $187.99 million a year prior. This represents a substantial decrease and indicates potential challenges in maintaining customer engagement or market relevance, which could further affect stock performance.

Guidance: The revenue guidance for the next quarter is projected between $114 million and $116 million, which presents a cautious outlook given the prior quarter's figures. This forecast may signal continued challenges for the company's revenue trajectory and could impact investor expectations.

Stocks: CHGG