Powerlaw Corp. outlined a new monthly dividend program, recent portfolio realizations and plans to expand its investment platform during a webcast led by Chief Executive Officer Mike Dinsdale and Chief Investment Officer Ben Black.
SAN FRANCISCO--(BUSINESS WIRE)--Chegg, a global learning and workforce skilling company, today announced a major expansion of its mission, moving beyond academic support to help students navigate one of the most challenging and critical steps in launching a career: securing the right internship. This expansion represents another step in broadening Chegg's relationship with students beyond academic support and into career outcomes. Building on nearly two decades of supporting students in the cla.
SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a global learning and workforce skilling company, today announced that it has repaid, at maturity, the remaining $33.9 million aggregate principal amount of its 0% convertible senior notes due on September 1, 2026 (the "2026 Notes"). With this repayment, the 2026 Notes have been fully retired, and Chegg has no outstanding debt. “Achieving a debt-free balance sheet is an important milestone for Chegg and reflects the significant progress.
SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning and workforce skilling company, today announced that on August 12, 2026, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. Two newly hired employees received awards of restricted stock units (“RSUs”) representing in aggregate 700,000 shares of Chegg common stock in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The a.
CHGG is pivoting toward employability, launching an AI-driven platform for skills, internships and jobs as it cuts costs and targets a return to growth.
Chegg NYSE: CHGG said its second-quarter 2026 results exceeded its expectations for revenue, adjusted EBITDA and cash generation as the education technology company prepares to launch a broader employability-focused platform for students.
Chegg (CHGG) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.1 per share a year ago.
SAN FRANCISCO--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a global learning and workforce skilling company, today reported financial results for the quarter ended June 30, 2026. “In Q2 we outperformed our expectations on revenue, adjusted EBITDA, and cash, reflecting our ability to execute against our priorities while investing for future growth,” said Dan Rosensweig, CEO and Executive Chairman of Chegg. “Our long-term goal remains the same: return Chegg to growth with high margins and strong fr.