Duolingo Reports 45% Revenue Growth and Record Profitability in First Quarter 2024; Raises Full Year Guidance

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Go back to Duolingo Reports 45% Revenue Growth and Record Profitability in First Quarter 2024; Raises Full Year Guidance

Duoling (DUOL) Tops Q1 EPS by 30c, Offers Guidance

May 8, 2024 4:26 PM EDT

Duoling (NASDAQ: DUOL) reported Q1 EPS of $0.57, $0.30 better than the analyst estimate of $0.27. Revenue for the quarter came in at $167.6 million versus the consensus estimate of $165.65 million.

GUIDANCE:

Duoling sees Q2 2024 revenue of $175-177.5 million, versus the consensus of $177... More