DUOL - Duolingo Reports Strong Q1 Results Raises Guidance | Benzinga
Duolingo, Inc. (NASDAQ:DUOL) reported its first-quarter financial results after the bell Wednesday. Here's a look at the details.
The Details:
Duolingo reported quarterly earnings of 57 cents per share which beat the analyst consensus estimate of 27 cents by 111.11%.
Quarterly sales came in at $167.6 million which beat the analyst consensus estimate of $165.677 million and is a 44.91% increase from the same period last year.
The company reported total bookings were $197.5 million, an increase of 41% from the prior year quarter. Subscription bookings were $161.5 million, an increase of 47% from the prior year quarter.
Paid subscribers totaled 7.4 million, an increase of ...