Duolingo Reports 63% DAU Growth and 43% Revenue Growth in Third Quarter 2023; Raises Full Year Guidance

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Duolingo (DUOL) earnings top expectations as paid subscribers rise 60% YoY

November 9, 2023 8:13 AM EST

Duolingo (NASDAQ: DUOL) shares jumped around 10% in early Thursday trading after the company reported quarterly earnings and guidance above consensus expectations.

The company reported Q3 EPS of $0.06, $0.14 better than the analyst estimate of ($0.08), while revenue for the quarter came in at $153.6 million,... More

Duoling (DUOL) Tops Q3 EPS by 14c; Raises Outlook

November 8, 2023 4:18 PM EST

Duoling (NASDAQ: DUOL) reported Q3 EPS of $0.06, $0.14 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $153.6 million versus the consensus estimate of $132.15 million.

GUIDANCE:

Duoling sees Q4 2023 revenue of $145-148 million, versus the consensus of $140.87... More