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Chegg, Inc.'s (CHGG) CEO Dan Rosensweig on Q1 2020 Results - Earnings Call Transcript

May 04, 2020 10:27 PM ETChegg, Inc. (CHGG)
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Chegg, Inc. (NYSE:CHGG) Q1 2020 Results Earnings Conference Call May 4, 2020 4:30 PM ET

Company Participants

Tracey Ford - Investor Relations

Dan Rosensweig - Co-Chairperson and CEO

Andy Brown - Chief Financial Officer

Conference Call Participants

Doug Anmuth - JPMorgan

Jeff Silber - BMO Capital Markets

Ryan MacDonald - Needham & Company

Stephen Sheldon - William Blair

Brent Thill - Jefferies

Mike Grondahl - Northland Capital Markets

Alex Fuhrman - Craig-Hallum

Josh Baer - Morgan Stanley

Brett Knoblauch - Berenberg Capital


Greetings. And welcome to the Chegg, Inc. First Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]

As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Tracey Ford, Investor Relations for Chegg. Please go ahead, Ms. Ford.

Tracey Ford

Good afternoon. Thank you for joining Chegg's first quarter 2020 conference call. On today's call are Dan Rosensweig, Co-Chairperson and CEO; and Andy Brown, Chief Financial Officer.

A copy of our earnings press release along with our investor presentation is available at our Investor Relations website, investor.chegg.com. A replay of this call will also be available on our website. We routinely post information on our website and intend to make important announcements on our media center website at chegg.com/mediacenter. We also encourage you to make use of these resources.

Before we begin, I would like to point out that during the course of this call we will make forward-looking statements regarding future events, including the future financial and operating performance of the company. These forward-looking statements are subject to material risks and uncertainties that could cause actual results to differ materially from those forward-looking statements.

We caution you to consider the important factors that

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