We've also got a look at what's cooking in the legal marijuana industry. In this podcast, Motley Fool host Ricky Mulvey talks with Motley Fool analyst Kirsten Guerra about earnings reports from Duolingo and Roblox, and with Motley Fool analyst Nick Sciple about the legal pot business and a legislative change that could have profound implications on the market. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guid ...

Duolingo's education app is more popular than ever, but growth is decelerating.If you're confused by Duolingo's (DUOL -6.21%) recent stock market performance, you're not alone. Plenty of investors are shaking their heads after watching its stock price tank by 18% on May 9, the day after it reported record-breaking quarterly earnings.Duolingo's reported results from the first quarter suggest its education application of the same name is gaining popularity at a mind-bending pace. The company even raised its o ...

Duolingo reportedly credits generative artificial intelligence (AI)-powered features for the 54% leap in paid subscribers it recorded in the first quarter.“What we’re seeing is that people are willing to pay even more to learn a language through generative AI,” Matt Skaruppa, chief financial officer at Duolingo, told the Wall Street Journal (WSJ) in an interview posted Friday (May 10).Duolingo, which offers a language-learning app, also reported a 45% increase in revenue during a quarter in which other onli ...

Duolingo stock plunges despite a blowout quarter -- what gives?Shares of Duolingo (DUOL -17.85%) took a dive like a wounded green owl on Thursday. The language-learning expert posted strong first-quarter results on Wednesday evening, but some investors wanted a stronger user-growth story, and others simply cashed in some paper profits.The stock fell as much as 21.4% just after the opening bell today, firming up at a 17% price drop around 2 p.m. ET.Duolingo's blowout resultsIn the first quarter of 2024, Duol ...

Duolingo, the popular language learning app, is facing its slowest rate of subscriber additions since 2022, which has put the company at risk of falling from its high ranking in the Obsidian League.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despite surpassing market expectations in daily average use for the quarter ending in March, the app’s shares plummeted by 12% overnight, underscoring investor concerns about its growth trajectory. Duolingo ha ...

Financial Data and Key Metrics Changes - In Q1, the company achieved a revenue growth of 45% and bookings growth of 41% year-over-year, with a record adjusted EBITDA margin of 26% [93][97] - Subscription bookings grew by 47% year-over-year in Q1, which was faster than expected, contributing significantly to the overall growth [15][36] - The company raised its full-year guidance for bookings and revenue growth to 31% and 38% respectively, despite facing strong comparisons from the previous year [98] Business Line Data and Key Metrics Changes - The Duolingo Max tier was rolled out more broadly in April, with approximately 5% to 10% of DAUs having access to it, indicating a positive reception [94] - The Family Plan experience is being improved with streamlined invite flows and more engaging social features, which is expected to enhance user retention and monetization [94] Market Data and Key Metrics Changes - The company noted that less than 50% of its DAUs are currently learning English, highlighting a significant opportunity for growth in this segment [95][112] - The global language learning market is estimated to reach $115 billion by next year, with the company capturing less than 1% of this market, indicating substantial growth potential [95] Company Strategy and Development Direction - The company is focusing on optimizing its subscription offerings, particularly the Family Plan and Duolingo Max, to enhance user engagement and monetization [94][95] - There is a strategic emphasis on improving English learning capabilities, with the goal of increasing user conversion and revenue from English learners [112] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining rapid growth for years to come, driven by ongoing product improvements and effective marketing strategies [95] - The company is not overly concerned about potential risks from TikTok bans, as it has diversified its marketing efforts across other platforms like Instagram and YouTube [25][24] Other Important Information - The company is leveraging generative AI to enhance content creation, significantly reducing the time and cost associated with developing new educational materials [18][21] - The introduction of music and math courses is part of the company's strategy to expand its offerings, although significant revenue contributions from these areas are not expected in the near term [14][12] Q&A Session Summary Question: Can you discuss the user growth and marketing contributions? - Management indicated that product improvements account for about two-thirds of user growth, while marketing efforts contribute approximately one-third [4][3] Question: What is the uptake of the Max tier? - Management noted that the uptake of the Max tier is currently small and will vary as features and pricing are adjusted over time [10][9] Question: How is the English content investment progressing? - The company has completed the initial content development for English learning, utilizing generative AI to expedite the process [18][19] Question: What is the impact of TikTok on marketing? - Management clarified that TikTok views are primarily organic, and the company has proactively diversified its marketing strategy to mitigate risks associated with potential bans [23][24] Question: What are the expectations for DAU growth? - Management expects DAU growth to stabilize around 60%, with some fluctuations expected due to normal seasonal variations [29][62] Question: How is the company addressing the Indian market? - The company recognizes the challenges in converting users to paid subscriptions in India but sees long-term growth potential as the market matures [71][70] Question: What are the margins for different subscription tiers? - Management indicated that while Max has incremental costs, the absolute dollar margins are favorable, and they expect to refine pricing and features over time [73][72]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 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) (State or other jurisdiction of incorporatio ...

For the quarter ended March 2024, Duolingo, Inc. (DUOL) reported revenue of $167.55 million, up 44.9% over the same period last year. EPS came in at $0.57, compared to -$0.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $165.02 million, representing a surprise of +1.53%. The company delivered an EPS surprise of +90.00%, with the consensus EPS estimate being $0.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Duolingo, Inc. (DUOL) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 90%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.26, delivering a surprise of 23.81%.Over the last four quarters, the company has surp ...

*LTM MAU DUOLINGO Q1 / FY 2024 3 Dear shareholders, 2024 is off to a strong start. Here's a summary of our first quarter results: shareholder letter Q1 2024 our mission is to develop the best education in the world and make it universally available. DUOLINGO Q1 / FY 2024 2 Q1 Highlights | User Metrics | Q1 2023 | Q1 2024 | | --- | --- | --- | | Daily Active Users | 20.3M | 31.4M | | | | 54% YoY | | Monthly Active Users | 72.6M | 97.6M | | | | 35% YoY | | Paid Subscribers | 4.8M | 7.4M | | at period end | | ...