DUOL - Duolingo Shares Dive After Q1 Results: What's Going On? | Benzinga
Duolingo, Inc. (NASDAQ:DUOL) shares traded lower Thursday afternoon after the company reported first-quarter financial results.
What To Know: Duolingo reported EPS of 57 cents, outperforming estimates of 27 cents by 111.11%, while quarterly sales of $167.6 million exceeded expectations of $165.677 million by 1.16%. Bolstered by a 41% increase in total bookings and a surge in paid subscribers to 7.4 million, Duolingo showcased its strong growth trajectory.
CEO Luis von Ahn highlighted the ...