Duolingo jumps 20% in premarket after earnings - Breaking The News

Duolingo jumps 20% in premarket after earnings

29 February

1 min read

UNSPLASH /

Duolingo language learning application shares surged by more than 20% on Thursday after the release of a positive earnings report.

According to the report, the company generated $151 million in revenue, surpassing analysts' projections of $148 million. Additionally, Duolingo's earnings per share were $0.26, exceeding the expected $0.17.

At 8:39 am ET, Duolingo was up 20.71%, selling at $195.51.

earnings duolingo

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