Chegg (CHGG) Beat Expectations and Expanding Services into Writing - Jefferies
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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
