Chegg Inc (STU:0CG)

€ 3.4945 0.03 (0.87%) Market Cap: 348.85 Mil Enterprise Value: 557.94 Mil PE Ratio: 0 PB Ratio: 0.39 GF Score: 66/100

Chegg Inc at Needham Growth Conference Transcript

Jan 15, 2020 / 02:20PM GMT

Release Date Price: €37.2

Transcript

Ryan MacDonald

Needham & Co. - Analyst

We've got Andy Brown, CFO of Chegg, with us today. I'm Ryan MacDonald, one of the software analysts here on the team. So, thanks for joining me today. We will just try to do a quick overview; obviously a lot of evolution in the business. Maybe just talk about how you've gone from selling textbooks online to creating such a strong brand presence with digital study tools and Chegg Study.

Andy Brown

Chegg Inc. - CFO

Yes, so -- well, firstly, good morning, everybody. So yes, if you kind of think about Chegg today, and if you even just go back six years ago to when we IPOed, we were essentially a textbook company. And we knew at that time that that was not our future. That was always going to be our past. It doesn't mean that we won't provide that service to students, but it was not going to be our future. And we knew our future was going to be some form of digital service. It's taking the platform that we had created -- the start of the brand that we had created, and then deliver digital services. And over the last

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