Chegg (CHGG) Tops Q2 EPS by 6c, Offers Guidance

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

August 9, 2021 4:05 PM EDT

Total Revenue Increased 30% Year-Over-Year

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), today reported financial results for the three months ended June 30, 2021.

It is clear, wherever students are learning, whether online, in the classroom, or in a hybrid model, the value of Chegg is unquestionable, said Dan Rosensweig, CEO & President of Chegg, Inc., Chegg had a great Q2 with total revenue growth of 30%, driven by 38% growth in Chegg Services revenue with Chegg Services subscribers growing to 4.9 million in the quarter. Our international growth also... More