Chegg (CHGG) Misses Q4 EPS by 2c; Guides Lower; Initiates Strategic Review
Chegg (NYSE: CHGG) reported Q4 EPS of $0.17, $0.02 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $143.5 million versus the consensus estimate of $143.97 million.
Initiates strategic review process to explore alternatives and files a complaint against Google LLC and Alphabet Inc.
GUIDANCE:
Chegg sees Q1 2025 revenue of $114-116 million, versus the consensus of $138.63 million.
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