$CHGG Chegg Q4 Adj $0.17, Inline Sales $143.48M Beat $142.05M Estimate
$CHGG | Chegg Q4'24 Earnings Highlights 🔹 Adj. EPS: $0.17 (Est. $0.17) 🟡 🔹 Revenue: $143.5M (Est. $142.04M) 🟢; DOWN -24% YoY 🔹 Adj EBITDA: $36.6M (Est. $32.88M) 🟢 🔹 Free Cash Flow: $4.8M (Est. $21.27M) 🔴 Q1'25 : 🔹 Revenue: $114M - $116M (Est. $138.25M) 🔴 🔹 Adj.…
$CHGG Earnings: - Total Net Revenues of $143.5 million, a decrease of 24% year-over-year - Subscription Services Revenues of $128.5 million, a decrease of 23% year-over-year - Gross Margin of 68% - Non-GAAP Gross Margin of 72% - Net Loss was $6.1 million - Non-GAAP Net Income… https://t.co/DGXLzNaKFN

Goosehead Insurance reported its fourth-quarter earnings, achieving an adjusted earnings per share (EPS) of $0.79, surpassing the $0.40 estimate. The company's sales reached $93.92 million, exceeding the expected $78.57 million. In a separate report, Chegg announced its fourth-quarter results, with total net revenues of $143.5 million, slightly above the estimate of $142 million, despite a year-over-year decline of 24%. The adjusted EBITDA was reported at $36.6 million, exceeding the estimate of $32.9 million. However, Chegg's net loss amounted to $6.1 million, with an operating loss of $27.3 million, contrasting with the expected profit of $12.3 million. For the upcoming first quarter of 2025, Chegg forecasts revenues between $114 million and $116 million, significantly lower than the estimate of $138.25 million.