<p>Chegg Inc（（CHGG））已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
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<p>Chegg Inc. 最近举行了财报电话会议，揭示了利益相关者之间的复杂情绪。尽管公司在技能市场上取得了战略性进展，实现了显著的成本降低和增长，但由于收入大幅下降和负自由现金流，面临挑战。这些问题主要归因于人工智能的破坏性影响和谷歌流量的减少，影响了传统的收入来源。</p>
<h2>Chegg 技能业务增长</h2>
<p>Chegg 的技能业务显示出良好的增长前景，预计同比增长 14%，全年收入预计为 7000 万美元。该部门正经历有利的市场条件，推动了两位数的增长，使 Chegg 成为不断发展的技能市场中的关键参与者。</p>
<h2>成本降低与效率提升</h2>
<p>公司成功将非 GAAP 运营费用减少了 4100 万美元，或同比下降 46%。这一显著的减少使公司结构更加精简高效，使 Chegg 能够更好地应对当前市场挑战。</p>
<h2>积极的调整后 EBITDA 结果</h2>
<p>Chegg 的调整后 EBITDA 超出了指导预期 500 万美元，达到了 1300 万美元，利润率为 17%。这一积极结果突显了公司在外部压力下有效管理运营的能力。</p>
<h2>显著的收入下降</h2>
<p>Chegg 报告的总收入为 7800 万美元，同比下降 42%。这一下降主要是由于流量减少，导致订阅用户减少和广告收入下降，突显了公司在维持传统收入来源方面面临的挑战。</p>
<h2>负自由现金流</h2>
<p>第三季度自由现金流为负 90 万美元，受到 750 万美元的 FTC 和解付款及 550 万美元的遣散费的影响。这些支出在这一困难时期进一步加剧了 Chegg 的财务压力。</p>
<h2>来自 AI 和谷歌流量的挑战</h2>
<p>人工智能的兴起和谷歌流量的减少扰乱了 Chegg 的传统流量来源，导致订阅用户减少和广告收入下降。这一变化突显了 Chegg 需要调整其战略以在数字环境中保持竞争力。</p>
<h2>前瞻性指导</h2>
<p>展望未来，Chegg 专注于技能市场，力求实现可持续的两位数增长。公司预计其技能业务在第四季度将产生 1800 万美元的收入，同比增长 14%。第四季度总收入预计在 7000 万美元至 7200 万美元之间，毛利率为 57% 至 58%，调整后 EBITDA 为 1000 万美元至 1100 万美元。Chegg 还在重组以提高效率，计划到 2026 年显著减少非 GAAP 费用，并将资本支出从 2025 年的水平减少 60%。</p>
<p>总之，Chegg Inc.的财报电话会议强调了在重大挑战中向技能市场的战略转变。尽管公司面临收入下降和现金流问题，但其在技能领域的成本降低和增长关注提供了良好的前景。利益相关者对 Chegg 在快速变化的环境中适应和发展的能力保持乐观。</p>

CHGG

<p>Chegg Inc. 举行了第三季度财报电话会议，公布了混合的业绩结果。该公司在技能培训业务上实现了增长，预计年收入增长 14%，但由于谷歌流量减少和人工智能的干扰，总收入下降了 42%。Chegg 成功地将运营费用削减了 46%，并超出了调整后的 EBITDA 指引。然而，它报告了 90 万美元的负自由现金流。展望未来，Chegg 旨在实现技能市场的可持续增长，预计第四季度收入将在 7000 万到 7200 万美元之间</p>

<p>Chegg Inc ((CHGG)) has held its Q3 earnings call. Read on for the main highlights of the call.</p>
<div class="lb-trans"><p>Chegg Inc（（CHGG））已举行其第三季度财报电话会议。请继续阅读会议的主要亮点。</p>
</div><h3>Meet Your ETF AI Analyst</h3>
<div class="lb-trans"><h3>认识您的 ETF AI 分析师</h3>
</div><ul>
<li>Discover how TipRanks' <em>ETF</em> AI Analyst can help you make smarter investment decisions</li>
<li>Explore ETFs TipRanks' users love and see what insights the <strong><em>ETF</em> AI Analyst</strong> reveals about the ones you follow.</li>
</ul>
<div class="lb-trans"><ul>
<li>了解 TipRanks 的_ETF_ AI 分析师如何帮助您做出更明智的投资决策</li>
<li>探索 TipRanks 用户喜爱的 ETF，并查看 <strong><em>ETF</em> AI 分析师</strong> 对您关注的 ETF 所揭示的见解。</li>
</ul>
</div><p>Chegg Inc. recently held its earnings call, revealing a mixed sentiment among stakeholders. While the company is making strategic strides in the skilling market, achieving significant cost reductions and growth, it faces challenges due to a substantial revenue decline and negative free cash flow. These issues are primarily attributed to the disruptive impact of AI and reduced Google traffic, which have affected traditional revenue streams.</p>
<div class="lb-trans"><p>Chegg Inc. 最近举行了财报电话会议，揭示了利益相关者之间的复杂情绪。尽管公司在技能市场上取得了战略性进展，实现了显著的成本降低和增长，但由于收入大幅下降和负自由现金流，面临挑战。这些问题主要归因于人工智能的破坏性影响和谷歌流量的减少，影响了传统的收入来源。</p>
</div><h2>Chegg Skilling Business Growth</h2>
<div class="lb-trans"><h2>Chegg 技能业务增长</h2>
</div><p>Chegg’s skilling business is showing promising growth, with expectations of a 14% year-over-year increase and a projected full-year revenue of $70 million. This segment is experiencing favorable conditions, driving double-digit growth and positioning Chegg as a key player in the evolving skilling market.</p>
<div class="lb-trans"><p>Chegg 的技能业务显示出良好的增长前景，预计同比增长 14%，全年收入预计为 7000 万美元。该部门正经历有利的市场条件，推动了两位数的增长，使 Chegg 成为不断发展的技能市场中的关键参与者。</p>
</div><h2>Cost Reduction and Efficiency</h2>
<div class="lb-trans"><h2>成本降低与效率提升</h2>
</div><p>The company has successfully reduced its non-GAAP operating expenses by $41 million, or 46% year-over-year. This significant reduction has resulted in a leaner and more efficient company structure, allowing Chegg to better navigate current market challenges.</p>
<div class="lb-trans"><p>公司成功将非 GAAP 运营费用减少了 4100 万美元，或同比下降 46%。这一显著的减少使公司结构更加精简高效，使 Chegg 能够更好地应对当前市场挑战。</p>
</div><h2>Positive Adjusted EBITDA Outcome</h2>
<div class="lb-trans"><h2>积极的调整后 EBITDA 结果</h2>
</div><p>Chegg exceeded its adjusted EBITDA guidance by $5 million, achieving an adjusted EBITDA of $13 million with a margin of 17%. This positive outcome underscores the company’s ability to manage its operations effectively despite external pressures.</p>
<div class="lb-trans"><p>Chegg 的调整后 EBITDA 超出了指导预期 500 万美元，达到了 1300 万美元，利润率为 17%。这一积极结果突显了公司在外部压力下有效管理运营的能力。</p>
</div><h2>Significant Revenue Decline</h2>
<div class="lb-trans"><h2>显著的收入下降</h2>
</div><p>Chegg reported a total revenue of $78 million, marking a 42% decrease year-over-year. This decline is largely due to reduced traffic, which has led to fewer subscribers and diminished advertising revenue, highlighting the challenges the company faces in maintaining its traditional revenue streams.</p>
<div class="lb-trans"><p>Chegg 报告的总收入为 7800 万美元，同比下降 42%。这一下降主要是由于流量减少，导致订阅用户减少和广告收入下降，突显了公司在维持传统收入来源方面面临的挑战。</p>
</div><h2>Negative Free Cash Flow</h2>
<div class="lb-trans"><h2>负自由现金流</h2>
</div><p>The third quarter saw a negative free cash flow of $900,000, impacted by a $7.5 million settlement payment to the FTC and $5.5 million in severance payments. These expenses have further strained Chegg’s financial position during this challenging period.</p>
<div class="lb-trans"><p>第三季度自由现金流为负 90 万美元，受到 750 万美元的 FTC 和解付款及 550 万美元的遣散费的影响。这些支出在这一困难时期进一步加剧了 Chegg 的财务压力。</p>
</div><h2>Challenges from AI and Google Traffic</h2>
<div class="lb-trans"><h2>来自 AI 和谷歌流量的挑战</h2>
</div><p>The rise of AI and a decrease in Google traffic have disrupted Chegg’s traditional sources of traffic, resulting in fewer subscribers and reduced advertising revenue. This shift underscores the need for Chegg to adapt its strategies to remain competitive in the digital landscape.</p>
<div class="lb-trans"><p>人工智能的兴起和谷歌流量的减少扰乱了 Chegg 的传统流量来源，导致订阅用户减少和广告收入下降。这一变化突显了 Chegg 需要调整其战略以在数字环境中保持竞争力。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>Looking ahead, Chegg is focusing on the skilling market, aiming for sustainable double-digit growth. The company projects its skilling business to generate $18 million in revenue for Q4, reflecting a 14% year-over-year increase. Total Q4 revenue is expected to range between $70 million and $72 million, with a gross margin of 57% to 58% and adjusted EBITDA of $10 million to $11 million. Chegg is also restructuring to enhance efficiency, with plans to reduce non-GAAP expenses significantly by 2026 and cut CapEx by 60% from 2025 levels.</p>
<div class="lb-trans"><p>展望未来，Chegg 专注于技能市场，力求实现可持续的两位数增长。公司预计其技能业务在第四季度将产生 1800 万美元的收入，同比增长 14%。第四季度总收入预计在 7000 万美元至 7200 万美元之间，毛利率为 57% 至 58%，调整后 EBITDA 为 1000 万美元至 1100 万美元。Chegg 还在重组以提高效率，计划到 2026 年显著减少非 GAAP 费用，并将资本支出从 2025 年的水平减少 60%。</p>
</div><p>In conclusion, Chegg Inc.’s earnings call highlights a strategic pivot towards the skilling market amidst significant challenges. While the company faces revenue declines and cash flow issues, its focus on cost reduction and growth in the skilling sector offers a promising outlook. Stakeholders remain optimistic about Chegg’s ability to adapt and thrive in a rapidly changing environment.</p>
<div class="lb-trans"><p>总之，Chegg Inc.的财报电话会议强调了在重大挑战中向技能市场的战略转变。尽管公司面临收入下降和现金流问题，但其在技能领域的成本降低和增长关注提供了良好的前景。利益相关者对 Chegg 在快速变化的环境中适应和发展的能力保持乐观。</p>
</div>

Chegg Inc. 财报电话会议：在收入挑战中实现技能增长