Chegg, Inc. (NYSE:CHGG) Q1 2022 Earnings Conference Call May 2, 2022 4:30 PM ET

Company Participants

Tracey Ford - Vice President, Investor Relations

Dan Rosensweig - Co-Chairperson and Chief Executive Officer

Andy Brown - Chief Financial Officer

Conference Call Participants

Bryan Smilek - JPMorgan

Jeff Silber - BMO Capital Markets

Stephen Sheldon - William Blair

Ryan MacDonald - Needham

Brent Thill - Jefferies

Josh Baer - Morgan Stanley

Jason Celino - KeyBanc Capital Markets

Alex Fuhrman - Craig-Hallum Capital Group

Arvind Ramnani - Piper Sandler

Alex Paris - Barrington Research

Operator

Greetings and welcome to Chegg Inc First Quarter 2022 Earnings Conference Call. At this time all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I'd now like to turn the conference over to your host, Tracey Ford, Vice President of Investor Relations at NESG [ph]. Please go ahead.

Tracey Ford

Good afternoon. Thank you for joining Chegg's First Quarter 2022 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 on 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 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 in the forward-looking statements. We caution you to consider the important factors that could cause actual results to differ materially from those in the forward-looking statements. In particular, we refer you to the cautionary language included in today's earnings release and the risk factors described in Chegg's annual report on Form 10-K filed with the Securities and Exchange Commission on February 22, 2022, as well as our other filings with the SEC.

Any forward-looking statements that we make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events. During this call, we will present both GAAP and non-GAAP financial measures. Our GAAP results and GAAP to non-GAAP reconciliations can be found in our earnings press release and the investor slide deck on our IR website, investor.chegg.com. We also recommend you to review the investor data sheet, which is also posted on our IR website.