Core Insights - Chegg reported revenue of $143.48 million for Q4 2024, a year-over-year decline of 23.7% [1] - The EPS for the same period was $0.17, down from $0.36 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 $14.94 million, slightly below the estimated $15.08 million, representing a 22% decline year-over-year [4] - Subscription Services revenue was $128.54 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]
Here's What Key Metrics Tell Us About Chegg (CHGG) Q4 Earnings