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Last $8.06 USD
Change Today -0.02 / -0.25%
Volume 178.3K
CHGG On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

chegg inc (CHGG) Snapshot

Open
$8.10
Previous Close
$8.08
Day High
$8.13
Day Low
$8.04
52 Week High
03/4/15 - $8.85
52 Week Low
05/12/14 - $4.82
Market Cap
692.5M
Average Volume 10 Days
389.1K
EPS TTM
$-0.72
Shares Outstanding
85.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHEGG INC (CHGG)

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chegg inc (CHGG) Details

Chegg, Inc. operates student-first connected learning platform that empowers students to take control of their education to save time, save money, and get smarter. The company, through its Student Hub, rents and sells print textbooks; and provides eTextbooks, supplemental materials, Chegg Study service, textbook buyback, courses, internships, and college admissions and scholarship services, as well as offers enrollment marketing and brand advertising services. Chegg, Inc. has a strategic alliance with Ingram Content Group Inc. The company was founded in 2005 and is headquartered in Santa Clara, California.

709 Employees
Last Reported Date: 03/6/15
Founded in 2005

chegg inc (CHGG) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $603.1K
Chief Financial Officer
Total Annual Compensation: $389.4K
Chief Technology Officer
Total Annual Compensation: $381.0K
Compensation as of Fiscal Year 2013.

chegg inc (CHGG) Key Developments

Chegg and Ingram Content Group Sign Agreement to Establish Multi-Year Renewable Collaboration

Chegg and Ingram Content Group announced that they have signed an agreement establishing a multi-year renewable collaboration between the two companies. The agreement sets out the principle terms announced on February 23, 2015 and establishes that Ingram will be responsible for the warehousing and logistics of all textbooks in the Chegg catalog, and beginning May 1, 2015, Ingram will purchase all new textbook inventories for the Chegg catalog. Chegg will continue to market its entire catalog under the Chegg brand and will continue to own the customer experience, including catalog sizing, end-user pricing, marketing, customer support, ongoing student relationships and data. In addition, Chegg and its brand partners will continue to deliver surprise and delight to students with the products found inside of Chegg-branded boxes, which Ingram will use to fulfill orders.

Chegg, Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-04-2015 09:50 AM

Chegg, Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-04-2015 09:50 AM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States.

Chegg, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Fiscal 2015; Announces Impairment of Intangible Assets for the Quarter Ended December 31, 2014

Chegg, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total net revenues of $84.42 million compared to $77.12 million a year ago. Income from operations was $2.74 million compared to loss from operations of $8.49 million a year ago. Income before provision for income taxes was $2.74 million compared to loss before provision for income taxes of $5.32 million a year ago. Net income attributable to common stockholders was $1.69 million or $0.02 per basic and diluted share compared to net loss attributable to common stockholders of $107.97 million or $2.36 per basic and diluted share a year ago. Adjusted EBITDA was $18.83 million compared to $18.58 million a year ago. Non-GAAP operating income was $17.16 million compared to Non-GAAP operating income of $17.22 million a year ago. Non-GAAP net income was $16.44 million or $0.19 per diluted share compared to Non-GAAP net income of $20.29 million or $0.40 per diluted share a year ago. For the full year, the company reported total net revenues of $304.83 million compared to $255.58 million a year ago. Loss from operations was $65.13 million compared to loss from operations of $51.03 million a year ago. Income before provision for income taxes was $64.57 million compared to loss before provision for income taxes of $55.21 million a year ago. Net loss attributable to common stockholders was $64.76 million or $0.78 per basic and diluted share compared to net loss attributable to common stockholders of $158.41 million or $7.58 per basic and diluted share a year ago. Net cash provided by operating activities was $68.48 million compared to $63.71 million a year ago. Purchases of property and equipment were $5.08 million compared to $7.37 million a year ago. Adjusted LBITDA was $12.95 million compared to $3.995 million a year ago. Non-GAAP operating loss was $19.14 million compared to Non-GAAP operating loss of $9.72 million a year ago. Non-GAAP net loss was $20.06 million or $0.24 per diluted share compared to Non-GAAP net loss of $14.54 million or $0.70 per diluted share a year ago. The company provided earnings guidance for the first quarter and fiscal 2015. The company expects revenue of $76 million to $80 million, digital revenue in the range of $29 million and $31 million, total gross margin on both a GAAP and Non-GAAP basis between 25% and 26% and adjusted EBITDA loss in the range of $4 million and $6 million. Adjusted EBITDA guidance for the first quarter includes approximately $14.0 million for textbook depreciation and excludes approximately $15.5 million for stock-based compensation; $1.6 million for amortization of intangible assets; $3.0 million for restructuring charges; and $0.8 million for acquisition-related costs. For fiscal 2015, the company is projecting revenue in the range of $288 million and $312 million, digital revenue in the range of $133 million and $143 million, total gross margin on both a GAAP and Non-GAAP basis between 33% and 35%, adjusted EBITDA in the range of negative $5 million and positive $5 million, and this includes duplicative costs associated with warehousing fees from Ingram and its own warehouse through the end of 2015; and free cash flow in the range of $15 million and $25 million. Adjusted EBITDA guidance for fiscal 2015 includes approximately $43.8 million for textbook depreciation and excludes approximately $59.2 million for stock-based compensation; $4.8 million for amortization of intangible assets; $10.0 million for restructuring charges and $1.9 million for acquisition-related costs. The company announced impairment of intangible assets of $1,552,000.

 

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CHGG

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Valuation CHGG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.2x
Price/Book 2.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.9x
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