Chegg's GAAP net income for 3 months of 2022 was $5.742 million, compared to a loss of $65.179 million in the previous year. Revenue increased 1.9% to $202.244 million from $198.378 million a year earlier.

Chegg's GAAP loss for 2021 was $1.458 million, down 4.3 times from $6.221 million the previous year. Revenue increased 20.5% to $776.265 million from $644.338 million a year earlier.

Chegg acquires the Busuu platform for foreign language learning. Busuu has an audience of more than 120 million students in more than 160 countries. Chegg will pay $436 million. The deal is scheduled to close in Q1 2022.

Chegg's GAAP loss for 9M 2021 was $25.764 million, down 20.1% from $32.264 million in the prior year. Revenue increased 29.7% to $568.798 million from $438.617 million a year earlier.