Chegg Inc Q1 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Stephen Hardy Sheldon - William Blair & Company L.L.C., Research Division - Analyst : On international, can you talk more about how international subs are finding your platform? I think most are finding it through SEO efforts. But have you started to notice or track, I guess, any positive word-of-mouth referral dynamics in international markets? And is that something that could pick up here over the next couple of years similar to what you've seen over the last 4 to 5 in U.S. markets?

Question: Brett Anthony Knoblauch - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : I want to focus a bit more on the skills opportunity. In your prepared remarks, you talked a good bit about it. Can you maybe just provide a little more color on your approach? Is this going to be maybe an offshoot to the Chegg platform, keep that direct-to-student model? Is this going to make Thinkful bigger in terms of expanding the Thinkful content or would it be likely to pursue kind of an opportunistic acquisition in this space to really expand into the skills market a bit more?

Question: Brett Anthony Knoblauch - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : Perfect. Understood. And if you had to rank over 5 years the growth opportunity, where would this sit versus the international opportunity?