2024-02-05 20:46:06 ET
Chegg, Inc. (CHGG)
Q4 2023 Earnings Conference Call
February 5, 2024 4:30 PM ET
Company Participants
Tracey Ford - Vice President, Investor Relations and ESG
Dan Rosensweig - Co-Chairperson and Chief Executive Officer
Andy Brown - Chief Financial Officer
Conference Call Participants
Jeff Silber - BMO Capital Markets
Bryan Smilek - JPMorgan
Kunal Madhukar - UBS
Josh Baer - Morgan Stanley
Ryan MacDonald - Needham & Company
Brian Peterson - Raymond James
Alex Fuhrman - Craig-Hallum
Eric Sheridan - Goldman Sachs
Brent Thill - Jeffries
Presentation
Operator
Greetings and welcome to Chegg Inc’s Fourth Quarter 2023 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 please to introduce Tracey Ford, Vice President of Investor Relations and ESG for Chegg.
Thank you, you may begin.
Tracey Ford
Good afternoon. Thank you for joining Chegg’s fourth quarter 2023 conference call. On today's call are Dan Rosenzweig, 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 and 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 21, 2023, 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 found on our IR website, investor.chegg.com. We also recommend you review the investor data sheet, which is also posted on our IR website.
Now I will turn the call over to Dan.
Dan Rosensweig
Thank you, Tracy, and welcome, everyone, to our 2023 Q4 earnings call. To start, I am pleased to announce the appointment of David Longo as our new Chief Financial Officer, effective February 21, as Andy announced on the last call that he will be retiring. David has been our Chief Accounting Officer and Corporate Controller since coming to Chegg in 2021, and we look forward to his continued leadership in this new role. He is joining us on this call today. So welcome, David. ....
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Chegg, Inc. (CHGG) Q4 2023 Earnings Call Transcript