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09 May 2024

Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M (Gabriel Sanchez/Bloomberg)

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Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M (Gabriel Sanchez/Bloomberg)