Reports Q4 revenue $150.99M, consensus $148.09M. Total bookings were $191M in Q4. Paid Subscribers totaled 6.6M at quarter end. Daily active users were 26.9M in Q4. “2023 was an exceptional year that exceeded our own high expectations. It was capped off with a very strong Q4 that saw us achieve record bookings, revenue and profitability,” said Luis von Ahn, Co-Founder and CEO of Duolingo. “We accelerated DAU growth in each quarter of 2023, and in Q4 achieved record-high user engagement and a record number of subscribers. Our performance resulted from our pursuit of product excellence and innovation, the progress we’ve made building an iconic brand, and disciplined execution.”
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