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Chegg Inc (CHGG.N)

CHGG.N on New York Stock Exchange

38.90USD
9:02pm BST
Change (% chg)

$0.77 (+2.02%)
Prev Close
$38.13
Open
$38.19
Day's High
$38.96
Day's Low
$38.10
Volume
196,101
Avg. Vol
356,083
52-wk High
$41.69
52-wk Low
$20.40

Latest Key Developments (Source: Significant Developments)

Chegg Says Issued Additional $100 Mln Of 0.125% Convertible Senior Notes
Friday, 5 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
Wednesday, 20 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
Thursday, 26 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
Monday, 12 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​
Monday, 30 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

Chegg reports pricing of follow-on offering
Thursday, 3 Aug 2017 

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 

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 

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

BUZZ-Chegg falls after Citron criticizes business model

** Chegg down as much as 4 pct at $38.06 after short-seller Citron slams online textbook rental and tutorial co's business model