Chegg (CHGG) Tops Q4 EPS by 4c; Raises Outlook
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Chegg Reports Q4 and Full Year 2018 Financial Results and Raises 2019 Guidance
February 11, 2019 4:05 PM ESTSANTA CLARA, Calif., Feb. 11, 2019 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today reported financial results for the three and twelve months ended December 31, 2018.
"2018 was a fantastic year for Chegg. Chegg Services revenue grew 37% year over year and we exceeded our profitability expectations, driven by the leverage from our subscription services," said Dan Rosensweig, CEO of Chegg, Inc. "We enter the year with strong momentum, giving us the confidence to raise 2019 guidance as we focus on our mission of helping students improve their outcomes."
Q4 2018... More
