Chegg Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents

Chegg Inc Q2 2021 Earnings Call Summary

Chegg Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents
Chegg Inc Q2 2021 Earnings Call Summary
Published Aug 09, 2021
18 pages (10190 words) — Published Aug 09, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of CHGG.N earnings conference call or presentation 9-Aug-21 8:30pm GMT

  
Brief Excerpt:

...A. Highlights: Had strong growth the entire school year, particularly in this qtr., reaffirming that students value Co. as core to their education journey. 1. 2. Total revenue grew 30%, led by 38% growth of Chegg Services and adjusted EBITDA growth of 52%. 3. International growth is strong. Confident that Co. will exceed initial expectation of over 1m international subscribers for the year. a. 4. As Co.'s opportunities continue to expand, remained focused on efforts to reduce account sharing as students have returned to campus, which allows to reinvest in even more new content, student experience and solving big growing problems students are facing globally. 5. Financial and user results reflect Co.'s success, which allows to raise both revenue and adjusted EBITDA guidance for remainder of 2021. 6. Over the last decade, focused on putting student first. Believes Co. sets the standard in how to support modern learner. a. b. Now serves over 30m students monthly. c. If Co. wants to build and...

  
Report Type:

Brief

Source:
Company:
Chegg Inc
Ticker
CHGG.N
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Chegg Inc Q2 2021 Earnings Call Summary" Aug 09, 2021. Alacra Store. May 07, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Chegg-Inc-Earnings-Call-B14923248>
  
APA:
Thomson StreetEvents. (2021). Chegg Inc Q2 2021 Earnings Call Summary Aug 09, 2021. New York, NY: Alacra Store. Retrieved May 07, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Chegg-Inc-Earnings-Call-B14923248>
  
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