Chegg (CHGG) Tops Q2 EPS by 4c; Raises FY Outlook
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Chegg Reports Q2 2018 Financial Results and Raises Full Year 2018 Guidance
July 30, 2018 4:05 PM EDTSANTA CLARA, Calif., July 30, 2018 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Smarter Way to Student, today reported financial results for the three months ended June 30, 2018.
"We had a great Q2; achieving 32% total revenue growth, driven by 38% year-over-year Chegg Services revenue growth and subscriber growth of 45%," said Dan Rosensweig, Chairman and CEO of Chegg, Inc. "We expanded our services, introduced the Chegg Math Solver subscription and, through the acquisition of StudyBlue, added flashcards, one of the most popular learning tools used by students around the world. We enter the fall... More
