Chegg (CHGG) Misses Q1 EPS by 2c, Revs Beat

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Chegg Reports First Quarter 2021 Financial Results and Raises Full Year Guidance

May 3, 2021 4:05 PM EDT

Total Revenue Increased 51% 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, 2021.

We are in a unique position to impact the future of the higher education ecosystem, said Dan Rosensweig, CEO & President of Chegg, Inc., Our strong brand and momentum will allow us to continue to grow and take advantage of the ever-expanding opportunities in the learner economy.

Q1 2021 Highlights:

Total Net Revenues of $198.4 million,... More