Form 8-K CHEGG, INC For: Feb 08
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Chegg (CHGG) Gains on Strong Earnings and Raised Guidance, Firms Raise PTs
February 9, 2021 7:30 AM ESTDirect-to-student learning platform Chegg (NASDAQ: CHGG) reported stronger-than-expected results for the three and twelve months ended December 31, 2020. Analysts were positive about the strong results and international expansion and raised numbers and their price targets.
The company reported fourth-quarter earnings per share of $0.55 on sales of $205.7 million, higher than the Streets expectations of EPS of $0.51 on sales of $189.68 million. Earnings soared 46% while revenue jumped 51% compared to a year ago.
CHGG saw its subscription base increase from 3.7 million in Q3 to 6.6 million at the end of the quarter.
We are incredibly... More
