Chegg Reports Third Quarter 2026 Earnings
Source: The Manila times
Published on: 2026-11-03 13:27
SAN FRANCISCO, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Chegg, Inc. (NYSE:CHGG), a learning and employability company, today reported financial results for the quarter ended September 30, 2026. "Over the last year our focus was rearchitecting our cost structure, accumulating cash, eliminating our debt, and positioning Chegg to return to growth," said Dan Rosensweig, Executive Chairman and CEO of Chegg. "We are evolving Chegg from a homework help company into an employability company, focused on helping people find internships, assess and develop relevant job skills, and secure full-time employment. Our mission is simple; to help people get the jobs they want and build the careers they deserve." Third Quarter 2026 Highlights * Total Net Revenues of $46.5 million, a decrease of 40% year-over-year * Gross Margin of 52% * Non-GAAP Gross Margin of 54% * Net Loss was $4.7 million * Non-GAAP Ne...
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