Shares of Duolingo (DUOL 18.71%) are posting enormous gains today. The leading language-learning expert published stellar fourth-quarter results after Wednesday's closing bell, driving stock prices as much as 23.1% higher the next morning. It cooled down to a still impressive 16% gain by 1 p.m. ET.Duolingo's Q4 by the numbersDuolingo's fourth-quarter revenue rose 45% year over year, landing at $151 million. The bottom line swung from a $0.35 net loss per share to earnings of $0.26 per share. Your average an ...

Duolingo (NASDAQ:DUOL) stock is surging higher by around 20% after the language learning company reported a double beat in its fourth-quarter earnings. During the quarter, revenue tallied in at $151 million, up by 45% year-over-year (YOY) and beating the analyst estimate for $148.3 million. EPS was 26 cents compared to a loss of 35 cents a year ago and beating the analyst estimate for 4 cents.“We accelerated DAU growth in each quarter of 2023, and in Q4 achieved record-high user engagement and a record numb ...

Duolingo Inc (NASDAQ:DUOL) stock is 19.3% at $233.24 higher this morning, after the language learning firm announced a massive fourth-quarter win. Specifically, Duolingo beat top-and bottom-line estimates, with an earnings per share of 26 cents on revenue of $151 million, and revealed stronger-than-expected first-quarter and full-year revenue outlooks.In response, Needham, Barclays, and BofA Global Research all hiked their price targets. The lattermost issued the most upbeat raise, moving up to $260 from $ ...

Duolingo (DUOL 0.48%) stock gained 22.1% in Wednesday's after-hours trading, following the educational technology company's release of a strong fourth-quarter 2023 report. The stock's big rise is attributable to the quarter's revenue and earnings beating Wall Street's consensus estimates, along with first-quarter and full-year 2024 revenue guidance coming in higher than analysts had been expecting.Duolingo's key quarterly numbersMetricQ4 2022Q4 2023ChangeRevenue$103.8 million$151.0 million45%Operating incom ...

Duolingo, Inc. (NASDAQ:DUOL) Q4 2023 Earnings Conference Call February 28, 2024 5:30 PM ET Deborah Belevan - Vice President, Investor Relations Conference Call Participants Zach Morrissey - Wolfe Ryan MacDonald - Needham Chris Kuntarich - UBS On today's call we will have Luis von Ahn, our Co-Founder and CEO; and Matt Skaruppa, our CFO. They'll begin with some brief remarks before opening the call to questions. Analysts will be able to ask a question by using the raise hand feature. And please note this even ...

Duolingo, Inc. (DUOL) reported $150.99 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 45.4%. EPS of $0.26 for the same period compares to -$0.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $146.98 million, representing a surprise of +2.73%. The company delivered an EPS surprise of +23.81%, with the consensus EPS estimate being $0.21.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Duolingo, Inc. (DUOL) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced earnings of $0.06, delivering a surprise of 200%.Over the last four quarters, the company has surpa ...

PITTSBURGH, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced results for the fourth quarter and full year ended December 31, 2023 in a shareholder letter that is posted at investors.duolingo.com. "2023 was an exceptional year that exceeded our own high expectations. It was capped off with a very strong Q4 that saw us achieve record bookings, revenue and profitability," said Luis von Ahn, Co-Founder and CEO of Duolingo. "We accelerated DA ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 001-40653 Duolingo, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3055872 (State or other jurisdiction ...

shareholder letter Q4 / FY 2023 our mission is to develop the best education in the world and make it ...