Gabriel Sanchez / Bloomberg:

Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M  —  - Shares fell as much as 16% after user growth failed to impress  — Higher-priced subscription tier, new family plan drive sales

Gabriel Sanchez / Bloomberg:

Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M  —  - Shares fell as much as 16% after user growth failed to impress  — Higher-priced subscription tier, new family plan drive sales

Source: TechMeme
Source Link: http://www.techmeme.com/240509/p7#a240509p7