Chegg, Inc. (NYSE:CHGG) Q1 2024 Earnings Call Transcript

David Longo: Sure. Thanks, Alex. Appreciate the question. It’s really going to be a function of us continuing to do what we’ve always done, which is being prudent on how we manage our expenses. We’re optimistic that we can return the company to growth. Growth will certainly be one way to get there, but we’ve demonstrated consistent cost containment. And while I can’t give specifics around that now, because we’re only giving guidance in the first quarter — in the next quarter, when I report back in August on how we did in Q2, I think we’ll have a better vision on how that materializes for the rest of the year. Thank you, Alex.

Operator: We have reached the end of our question-and-answer session. I will now turn the call over to Nathan Schultz, incoming CEO for closing remarks.

Nathan Schultz: Thank you very much for your questions today and warm wishes on the job ahead. I want to thank you all for the time. Questions were great. I am honored that the Board has given me the opportunity, and I am incredibly excited about the power of the platform, about the proprietary AI that we are building and the opportunity that is in front of us. I am very excited to do it with my partner, David Longo. And I wish you all the best of the day. Have a great day.

Operator: Thank you. This will conclude today’s conference. You may disconnect your lines at this time. And thank you for your participation.