3 Key Takeaways From Chegg's Earnings Report
Among the significant global disruptions caused by the coronavirus pandemic is a shift in learning away from in-classroom teaching. Chegg (NYSE: CHGG) is uniquely positioned to benefit from this change. Chegg, the leading direct-to-student connected learning platform, offers high school and college students assistance via its online platform, helping them pass their courses and save money on required materials.
The remote learning trend was already in progress at the university level, where an increasing number of institutions have been offering courses online and requiring in-classroom students to complete assignments online. The coronavirus pandemic has accelerated this move to remote learning, as evidenced by Chegg's second-quarter results. Here are three things investors should take away from that release.
Chegg is popular among college students. Image source: Getty Images.
Source Fool.com
