Chegg (CHGG) Tops Q1 EPS by 7c, Revs Beat; Guides Above
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Chegg Reports First Quarter 2020 Financial Results
May 4, 2020 4:05 PM EDTTotal Revenue and Subscribers grow 35% year-over-year
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student®, today reported financial results for the three months ended March 31, 2020.
In these difficult times Chegg performed ahead of our expectations and we are grateful to have helped so many students. said Dan Rosensweig, CEO of Chegg, Inc., Our belief is that, in every industry, a crisis often accelerates the inevitable and that is what we see happening in higher education.
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