Chegg (CHGG) Tops Q3 EPS by 7c, Revs Beat; Guides Higher
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Chegg Reports Strong Q3 2020 Financial Results and Raises Full Year 2020 Guidance
October 26, 2020 4:05 PM EDTChegg Subscribers increased 69% year-over-year
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student®, today reported financial results for the three months ended September 30, 2020.
We have always said that the future of education was inevitable; to become increasingly online, on demand, and more affordable, said Dan Rosensweig, CEO & President of Chegg, Inc., The trends we are seeing in the industry and the momentum we are experiencing globally give us the confidence to raise our guidance again for 2020 and provide our initial outlook for 2021.
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