Chegg Q4 revenue down 24% YoY; strategic review, lawsuit against Google

CHEGG, INC

2024-FY EPS reported -$8.10 revenue$617,574,000

Q4 net revenues $143.5M (-24% YoY); FY2024 $617.6M (-14%); GAAP net loss $6.1M Q4, $837.1M FY2024.
Subscription Services subscribers fell 21% YoY in Q4 to 3.6M; FY2024 down 14% to 6.6M.
Board initiates strategic review to explore alternatives; no timeline or outcome guaranteed.
Filed complaint against Google and Alphabet for unjustly retaining traffic historically coming to Chegg.
CEO Nathan Schultz calls 2025 a turning point; product remains focused on verticalized, personalized education.

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.