Chegg (CHGG) Tops Q1 EPS by 1c, Guidance Misses

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Go back to Chegg (CHGG) Tops Q1 EPS by 1c, Guidance Misses

Chegg Announces First Quarter 2023 Earnings

May 1, 2023 4:05 PM EDT

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, 2023.

As artificial intelligence technology continues to evolve at a rapid pace, we are embracing it aggressively and prioritizing our investments to meet this opportunity, said Dan Rosensweig, CEO & President of Chegg, Inc. We believe we are in the best position to take advantage of the advancements in AI for the benefit of students, because we can leverage our proprietary data, our 150,000+ experts, and our decade-plus years of... More