Chegg Reports Second Quarter Results and Raises Guidance for 2020

Expects 2020 Revenue Growth to Exceed 45%. Chegg, Inc. (NYSE:CHGG), a Smarter Way to Student®, today reported financial results for the three months ended June 30, 2020.

"Chegg was built with a belief that learning would move increasingly online and we have always bet on that inevitability," said Dan Rosensweig, CEO of Chegg Inc., "The COVID-19 pandemic has accelerated that shift and it is now clear that learning tools and academic support must be available online, affordable, on-demand, tailored to the individual learner, and geared towards the skills needed in the modern workforce."

Read more here