Chegg (CHGG) Tops Q1 EPS by 1c
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Chegg Reports First Quarter 2016 Results
May 2, 2016 4:05 PM EDTSANTA CLARA, Calif., May 2, 2016 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Student Hub, today reported financial results for the three months ended March 31, 2016.Â
"Chegg is off to a great start in 2016 as we saw strong momentum across our businesses, highlighted by 37% subscriber growth in Chegg Services," said Dan Rosensweig, Chairman and CEO of Chegg. "We are also excited to announce the strategic acquisition of Imagine Easy Solutions, a leading provider of online writing tools. With this... More
Chegg Acquires Imagine Easy Solutions, A Market Leader Of Online Writing Tools
May 2, 2016 4:02 PM EDTSANTA CLARA, Calif., May 2, 2016 /PRNewswire/ --Â Chegg, Inc. (NYSE: CHGG), the Student Hub, today announced that it has acquired Imagine Easy Solutions ("Imagine Easy"), the provider of popular service EasyBib.com and other essential writing tools with capabilities such as citations, bibliography, writing structure and anti-plagiarism, used by more than 7 million unique users in March 2016.
"We know that writing is one of the biggest pain points for students today, with about one... More
