Chegg (NYSE:CHGG) shares moved lower after it was revealed that the educational technology platform has agreed to $7.5 million to settle Federal Trade Commission (FTC) claims that it made it difficult for consumers to cancel recurring subscriptions. The FTC alleged that Chegg buried cancellation options on its website and imposed a confusing, cumbersome process, with internal communications ind...
The U.S. Federal Trade Commission sued educational technology company Chegg Inc for allegedly making it difficult to cancel subscriptions, according to court papers filed in San Jose, California on Monday.
AI is disrupting industries reliant on human labor or creative skills, forcing companies to adapt or risk obsolescence, as seen in past tech revolutions. Survival hinges on integrating AI into products and services, shifting to 'human plus AI' models, and moving up the value chain for differentiation. Stock performance reveals investor skepticism, with most of the 20 companies underperforming t...
Chegg, Inc. (NYSE:CHGG ) Q2 2025 Earnings Conference Call August 5, 2025 4:30 PM ET Company Participants David Longo - CFO, Principal Financial & Accounting Officer and Treasurer Nathan Schultz - CEO, President & Director Tracey Ford - Vice President of Investor Relations Conference Call Participants Devin Au - KeyBanc Capital Markets Inc., Research Division Matthew Dineen Shea - Needham & Comp...
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended June 30, 2025. “We had a good Q2, exceeding our guidance and actively engaging on the strategic review process and the transformation of Chegg. We remain focused on implementing AI to transform Chegg Study, making it a ...
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Tuesday, August 5, 2025, after market close for the second quarter of 2025, which ended on June 30, 2025. Chegg will host a conference call to discuss the second quarter financial results at 1:30 p.m. Pacific Ti...
Chegg also plans to close its physical offices in the US and Canada by the end of the year, as well as cut back on new product development and reduce administrative costs.
Chegg, Inc. (NYSE:CHGG ) Q1 2025 Earnings Conference Call May 12, 2025 8:00 AM ET Company Participants Tracey Ford - Investor Relations Nathan Schultz - President and Chief Executive Officer David Longo - Chief Financial Officer Conference Call Participants Ryan MacDonald - Needham & Company Operator Greetings, and welcome to the Chegg First Quarter 2025 Earnings Call. At this time all particip...
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