Workflow
Here's What Key Metrics Tell Us About Chegg (CHGG) Q4 Earnings
CHGGChegg(CHGG) ZACKS·2025-02-25 00:31

Core Insights - Chegg reported revenue of 143.48millionforQ42024,ayearoveryeardeclineof23.7143.48 million for Q4 2024, a year-over-year decline of 23.7% [1] - The EPS for the same period was 0.17, down from 0.36ayearago[1]TherevenueexceededtheZacksConsensusEstimateof0.36 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of 142.03 million by 1.02%, while EPS met the consensus estimate [1] Financial Performance - Chegg Services subscribers totaled 3.6 million, below the average estimate of 3.92 million [4] - Revenue from Skills and Other was 14.94million,slightlybelowtheestimated14.94 million, slightly below the estimated 15.08 million, representing a 22% decline year-over-year [4] - Subscription Services revenue was 128.54million,exceedingtheestimated128.54 million, exceeding the estimated 126.86 million, but still reflecting a 23.7% year-over-year decline [4] Market Performance - Chegg's stock has returned -2.7% over the past month, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]