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 | | ...

Duolingo, Inc. (DUOL) closed the latest trading day at $216.38, indicating a -1.88% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.02% for the day. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Coming into today, shares of the company had lost 1.3% in the past month. In that same time, the Business Services sector lost 5.08%, while the S&P 500 lost 3.01%.Investors will be eagerly watching ...

Duolingo, Inc. (DUOL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -1.3%, compared to the Zacks S&P 500 composite's -3% change. During this period, the Zacks Technology Services industry, which Duolingo falls in, has lost 7.9%. The key question now is: What could be the stock's future direction?Although m ...

Key PointsDuolingo is a freemium language learning platform that provides kids and adults free access to over 40 languages.Duolingo grew revenues 45% YoY, crushed consensus analyst estimates by over 6X in Q4 2023, and raised its full-year 2024 guidance.Monthly active users (MAUs) rose 46.5% to 88.4 million in the quarter.5 stocks we like better than DuolingoDuolingo Inc. NYSE: DUOL offers a freemium language learning platform that's taken the world by storm. It uses an incredibly simple, animated and gamifi ...

The language-learning app is moving into a prominent index.Shares of language-learning app Duolingo (DUOL 6.97%) popped on Thursday after the stock was added to the S&P MidCap 400 index. As of 10 a.m. ET, Duolingo stock was up 6% but it had been up as much as 12% in earlier trading.Should investors actually care about this?Investors should concern themselves with news regarding Duolingo's business. By contrast, this news has more to do with the stock. Duolingo stock will officially be a member of the S&P Mi ...