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

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

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

November 8, 2023 4:01 PM EST

PITTSBURGH, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the worlds leading mobile learning platform, announced results for the third quarter ended September 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.

We exceeded our own high expectations this quarter, accelerating user growth and delivering impressive bookings and revenue growth, said Luis von Ahn, Co-Founder and CEO of Duolingo. Last month, we announced an important strategic shift toward becoming a multi-subject product, with our Math and Music courses being added to the flagship Duolingo... More