Duolingo says AI features 'profitable' as it beats revenue estimates, raises forecast
Core Insights - Duolingo Inc surpassed Wall Street expectations for third-quarter revenue and increased its annual revenue forecast, driven by a rise in paying subscribers for its AI-powered language-learning app [1] Financial Performance - The company reported third-quarter revenue that exceeded analyst estimates, indicating strong demand for its services [1] - Duolingo raised its annual revenue forecast, reflecting confidence in continued growth and subscriber acquisition [1] Subscriber Growth - The increase in paying subscribers is a key factor contributing to the company's positive financial performance [1]