Chegg (CHGG) Tops Q4 EPS by 7c, Offers Guidance

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Go back to Chegg (CHGG) Tops Q4 EPS by 7c, Offers Guidance

Chegg Reports 2021 Financial Results and Gives 2022 Guidance

February 7, 2022 4:05 PM EST

Chegg Services revenue increased 29% year over year

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2021.

During these complicated times, the Chegg team continued to execute extremely well, with Chegg Study Pack take rates outperforming our expectations and retention rates reaching all-time highs, both of which positively impacts subscriptions, ARPU, and margins for Chegg Services, said Dan Rosensweig, CEO & President of Chegg, Inc. Students depend on Chegg as an important... More