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2023-05-02 15:48:52 ET ChatGPT has claimed its first scalp. Shares of Chegg (NYSE: CHGG) were cut in half Tuesday after the education technology company known for renting textbooks and helping students with their homework said new user growth ran into a wall due to OpenAI's ...
2023-05-02 13:24:30 ET The share price of learning platform Chegg (NYSE: CHGG) cratered on Tuesday after the company reported solid first-quarter financial results, but warned that its business model is being disrupted by recently debuted artificial intelligence (AI) tools. As of 1:...
2023-05-02 08:27:58 ET GD Culture Group Limited ( GDC ) -48% . Chegg ( CHGG ) -47% after Q1 earning release . UTime Limited ( UTME ) -34% . Aytu BioPharma ( AYTU ) -29% . Tantech Holdings ( TANH ) -26% announces full year 2022 ...
2023-05-02 08:12:56 ET Chegg ( NYSE: CHGG ) swung even lower in the premarket session on Tuesday after the online learning company's warning on the impact of ChatGPT startled investors and analysts. While Chegg ( CHGG ) topped revenue and EPS estimates with the Q1 earnings...
2023-05-02 07:29:35 ET Summary Chegg has sold off 37.5% in after-market trading after disclosing that its business has been affected by ChatGPT. Reviewing the details of this, however, we see that Chegg maintained good user retention and didn't see a wholesale loss of customers - ...
2023-05-02 05:44:11 ET Summary Chegg's new account growth slows down due to increased student interest in ChatGPT. The company attempts to counter AI-driven competition with the launch of CheggMate. Chegg's financials weaken, raising questions about its long-term prospects in ...
2023-05-02 04:50:00 ET Chegg ( NYSE: CHGG ) stock price nosedived by more than 37% in extended hours after the company expressed concerns about ChatGPT. The shares dived to $11, which was much lower than where it closed at $17.60. Other online education stocks like Coursera also dip...
2023-05-01 20:11:10 ET Chegg, Inc. (CHGG) Q1 2023 Earnings Conference Call May 01, 2023 04:30 PM ET Company Participants Tracey Ford - Vice President of Investor Relations & ESG Dan Rosensweig - Co-Chairperson & Chief Executive Officer Andy Brown - Chief ...
2023-05-01 17:29:04 ET Chegg ( NYSE: CHGG ) fell sharply after the company warned ChatGPT was having a financial impact on its results. Beginning in March, Chegg ( CHGG ) noted that it saw a significant spike in student interest in ChatGPT. The company said it now believes i...
2023-05-01 16:11:05 ET Chegg press release ( NYSE: CHGG ): Q1 Non-GAAP EPS of $0.27 beats by $0.01 . Revenue of $187.6M (-7.2% Y/Y) beats by $2.43M . Subscription Services Revenues declined 3% year-over-year to $168.4 million, or 90% of total net revenues, comp...
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2024-07-16 11:52:05 ET Chegg (NYSE: CHGG) stock is making big gains in Tuesday's trading. The company's share price was up 12.8% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence . Chegg is gaining ground today thanks to a research note published...
Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Monday, August 5, 2024, after market close for the second quarter of 2024, which ended June 30, 2024. Chegg will host a conference call to discuss th...
2024-06-28 11:05:00 ET It's been a rough first half for some investors. If you owned shares of UiPath (NYSE: PATH) , Chegg (NYSE: CHGG) , and Roku (NASDAQ: ROKU) since the start of 2024, you're in a world of hurt. The three stocks are down between 36% and 74% so ...