Reports Q1 revenue $230.7M, consensus $223.11M. Reports Q1 DAUs 46.6M. Reports Q1 MAUs 130.2M. Reports Q1 paid subscribers 10.3M. “Q1 was an outstanding start to the year-we added more Daily Active Users this quarter than any in our history, highlighting the continued strength of our product and brand,” said Luis von Ahn, Co-Founder and CEO of Duolingo (DUOL). “We also surpassed 10 million paid subscribers and delivered 38% year-over-year revenue growth, driven by strong user momentum and increased adoption of our premium subscription tiers.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DUOL:
- Duolingo launching 148 new language courses developed with AI, Bloomberg says
- AI Daily: Disagreements said to strain Microsoft, OpenAI partnership
- Duolingo to replace contract workers with AI, go ‘AI-first’
- Citron says Duolingo short call not about fraud, about stock price
- Citron mentions Duolingo cautiously, sees ‘bad news’ for shareholders
