Chegg Q2 2024 net loss $616.9M; revenue down 11% YoY to $163.1M

CHEGG, INC

2024-Q2 EPS reported -$6.03 revenue$337,497,000

Total net revenues $163.1M, down 11% YoY; Subscription Services $146.8M, down 11%.
Net loss $616.9M; Non-GAAP net income $26.5M; Adjusted EBITDA $44.1M.
4.4M subscription subscribers, down 9% YoY.
CEO cites restructure completion and rollout of conversational instruction for back-to-school.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.