+- Online Degrees and CLEP and DSST Exam Prep Discussion (https://www.degreeforum.net/mybb)
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+--- Thread: Chegg - Online demand went up! (/Thread-Chegg-Online-demand-went-up)
Chegg - Online demand went up! - bjcheung77 - 02-17-2022
Wow, they have 7.8 million subscribers and $840 million in revenue! Subscribers jumped up 18% and revenue went up from $776 million to $840 M. They have a new service that I've not used yet, Chegg Life, anyone know if it is useful for that plan? I'll dig into it, maybe later...
Link: Chegg Soars as Online Education Demand Drives Robust Outlook By Investing.com
RE: Chegg - Online demand went up! - Johann - 02-17-2022
(02-17-2022, 01:32 AM)bjcheung77 Wrote: Wow, they have 7.8 million subscribers and $840 million in revenue!
I'd be cautious. From the article:
"The stock is down to about a fourth of its value since the pandemic fueled its rise to a high of $115.21 a year ago."
Yeah, VERY cautious.