Chegg (CHGG) Misses Q4 EPS by 2c; Guides Lower; Initiates Strategic Review

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Chegg Reports 2024 Fourth Quarter and Full Year Financial Results

February 24, 2025 4:05 PM EST

Initiates strategic review process to explore alternatives and files a complaint against Google LLC and Alphabet Inc.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today reported financial results for the quarter and year ended December 31, 2024.

"We made two important and connected decisions to maximize the future of our business and shareholder value. We are launching a strategic review process and filed a complaint against Google, which has unjustly retained traffic that has historically come to Chegg, impacting our... More