Chegg reports Q1 EPS 0c, two estimates (2c)

Reports Q1 revenue $63.3M, two estimates $61.0M. “Q1 was a strong quarter. We exceeded expectations for revenue, adjusted EBITDA, free cash flow, and delivered positive net income for the first time in two years,” said Dan Rosensweig, CEO and Executive Chairman of Chegg (CHGG). “The foundation for future growth is now in place, and we are focused on expanding our skilling business where we continue to expect double-digit revenue growth for full-year 2026 and the market opportunity has never been clearer.”