Chegg (CHGG) Tops Q1 EPS by 8c, Guidance Misses

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Go back to Chegg (CHGG) Tops Q1 EPS by 8c, Guidance Misses

Chegg Reports Q1 2022 Financial Results

May 2, 2022 4:05 PM EDT

Chegg Services Revenues increased 14% 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 months ended March 31, 2022.

We had a solid first quarter, and Chegg is executing well against our strategic objectives, despite continued industry headwinds, said Dan Rosensweig, CEO & President of Chegg, Inc. We expect these challenges to be temporary and when they subside, our operating model, balance sheet, and leading brand, put us in a strong position to accelerate our... More