Chegg (CHGG) Tops Q1 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Total darkness, then sunset as full eclipse wows spectators in Spain
- Burry doubles down on Nebius short after stock surges 34% on earnings
Chegg Reports Q1 2018 Financial Results and Raises Full Year 2018 Guidance
April 26, 2018 4:05 PM EDTSANTA CLARA, Calif., April 26, 2018 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Smarter Way to Student, today reported financial results for the three months ended March 31, 2018.
"Momentum continued into Q1 as we achieved 37% year-over-year Chegg Services revenue growth, driven by 44% subscriber growth," said Dan Rosensweig, Chairman and CEO of Chegg, Inc. "We expect this momentum to continue, as students are increasingly relying on Chegg to help them with their educational needs. This gives us confidence to raise our guidance for 2018."
Q1 2018 Highlights:
Total Net Revenues of $76.9 million, an... More