Chegg (CHGG) Tops Q4 EPS by 6c, Offers Guidance
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Chegg Reports 2019 Financial Results and Raises 2020 Guidance
February 10, 2020 4:05 PM ESTÂ Chegg Services hits a record 3.9 million subscribers for 2019, up 29% year-over-year
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student®, today reported financial results for the three and twelve months ended December 31, 2019.
2019 was a fantastic year for Chegg. Total revenue grew 28% year over year and we exceeded our profitability expectations, driven by leverage from our subscription services, said Dan Rosensweig, CEO of Chegg, Inc., Our strategy to provide direct-to-student services supporting millions of learners continues to deliver fantastic results and we couldnt be more excited about 2020.... More
