Chegg Inc (STU:0CG)
€ 1.6942 0.0304 (1.82%) Market Cap: 174.19 Mil Enterprise Value: 420.36 Mil PE Ratio: 0 PB Ratio: 0.52 GF Score: 57/100

Chegg Inc at Jefferies Software Conference (Virtual) Transcript

Sep 14, 2021 / 03:30PM GMT
Release Date Price: €65 (+0.93%)
Brent John Thill
Jefferies LLC, Research Division - Equity Analyst

Welcome back, everyone, to the Jefferies Software Conference. Pleased to have with us a long-time guest, and we're big fans of the Chegg story. Andy Brown is with us. Andy, thanks for joining. And I know this is probably not the way we wanted to start the conference, but it is topical. And I think Tracey and the rest of the team will appreciate if we kind of knock this out early. But there was some news this morning with Pearson, and I think everyone would just like to hear your perspective. I know there's probably not much you can say as it relates to cases, but there's been a lot of questions we've had, in general, just about how you license content versus your created own content. And I know there's been a trend over time that you are effectively creating more of the content and populating this with your own team rather than licensing. So I think a good opportunity to maybe just level set how this works and where you're at today and then also kind of if you can fill in what this means on Pearson.

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