1 Game-Changing Number You Missed From Chegg's Earnings
Chegg (NYSE: CHGG) the digitally based textbook rental company is also an online tutor of sorts used by millions of high school and college students worldwide. The company is experiencing a surge of interest and usage since the pandemic when the whole world went to remote learning. Understandably so. When campuses closed, students lost many of the resources they had access to on campus, like visiting professors in person during their office hours.
While many professors maintained office hours virtually, the quality of help delivered is not as good as in person. It's no surprise then that students are seeking supplemental sources of help for their curriculum coursework. Chegg reported first-quarter results in early May, and there's a transformative number related to this increased need that you probably missed.
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Source Fool.com
