Chegg (CHGG) Still In Transition Phase - PiperJaffray

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Chegg Reports Fourth Quarter and Fiscal Year 2015 Results

February 22, 2016 4:05 PM EST

SANTA CLARA, Calif., Feb. 22, 2016 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Student Hub, today reported financial results for the three and twelve months ended December 31, 2015. 

"We continue to see strong growth in Chegg Services, particularly Chegg Study, where our investments in product quality led to record subscribers, renewals and engagement," said Dan Rosensweig, Chairman and CEO of Chegg. "Driven by our higher margin Chegg Services, we also delivered our first full year of non-GAAP profitability, and we are... More