Chegg (CHGG) Shares Up 8% on Q4 Beat and Raise
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Chegg Reports 2021 Financial Results and Gives 2022 Guidance
February 7, 2022 4:05 PM ESTChegg 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
