Chegg (CHGG) Tops Q4 EPS by 2c, Offers Q1 & FY Guidance

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Chegg Reports Q4 and Full Year 2017 Financial Results and Raises 2018 Guidance

February 12, 2018 4:05 PM EST

SANTA CLARA, Calif., Feb. 12, 2018 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Smarter Way to Student, today reported financial results for the three and twelve months ended December 31, 2017.

"2017 was our best year yet. Chegg Services revenue grew 44% year over year and we significantly improved profitability, which was driven by the leverage of our all digital model," said Dan Rosensweig, Chairman and CEO of Chegg, Inc. "We enter 2018 with tremendous momentum, giving us confidence to raise 2018 guidance, as we focus on our mission of helping students improve their academic, financial, and career... More