Chegg (CHGG) Tops Q3 EPS by 2c, Sales Beat; Guides Sales Higher

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Chegg Reports Q3 2017 Financial Results and Raises Full Year 2017 Guidance

October 30, 2017 4:05 PM EDT

SANTA CLARA, Calif., Oct. 30, 2017 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Smarter Way to Student, today reported financial results for the three months ended September 30, 2017.

"We had another strong quarter, with the momentum we've built throughout the year continuing into Q3, as we achieved 37% year over year Chegg Services subscriber growth in the quarter with record levels of engagement across our services," said Dan Rosensweig, Chairman and CEO of Chegg, Inc. "We believe this momentum will continue into Q4 and 2018 which gives us confidence to raise our guidance... More