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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:50 EDTCHGGChegg downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Chegg to Neutral from Buy. The firm downgraded shares following the Q4 report and guidance citing limited visibility into Print business margins. Price target is $8.
News For CHGG From The Last 14 Days
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August 3, 2015
16:27 EDTCHGGChegg falls 12.9% to $7.49 after Q2 earnings report
16:26 EDTCHGGChegg sees Q3 revenue $74M-$80M, consensus $81.8M
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16:25 EDTCHGGChegg lowers FY15 revenue view to $295M-$310M from $300M-$315M
Consensus $310.3M. Now sees FY15 total gross margin on both a GAAP and Non-GAAP basis between 36%-38% and adjusted EBITDA of breakeven to $5M. Previously saw FY15 gross margin on both a GAAP and Non-GAAP basis between 34%-36% and Adjusted EBITDA of breakeven or better. Still sees FY15 free cash flow in the range of $15M-$25M.
16:23 EDTCHGGChegg reports Q2 EPS (12c), consensus 0c
Reports Q2 revenue $67.1M, consensus $64.18M.
July 30, 2015
07:29 EDTCHGGChegg management to meet with Barrington
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