Chegg's Mixed Q3 Earnings: A Turning Point?
Update: 2025-11-11
Description
Cheggs Q3 earnings show mixed results: revenue beats expectations but sales drop significantly, with a 43.1% year-over-year decline. Despite this, adjusted earnings per share surpass analyst forecasts. However, the companys outlook for the next quarter is grim, with revenue guidance falling short of estimates by 13.7%. Cheggs CEO, Dan Rosensweig, emphasizes a strategic shift towards the growing skills market, signaling a challenging period for the online study platform.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
