![]() ![]() ![]() Students create a cartoon avatar character and then navigate through a series of learning games, earning rewards for doing so and learning as they progress. Wall Street had also been targeting a loss of 35 cents per share, but analysts had forecast lower revenue of $99.9 million.įor the full year fiscal 2023, the company delivered revenue of $369.5 million, up 47%.ĭuolingo is the creator of a gamified language learning tool that can be used by students and teachers to provide a more engaging learning experience. It delivered a loss before certain costs such as stock compensation of 35 cents per share on revenue of $103.8 million, up 47% from the same period one year earlier. The company reported a net loss of $13.9 million, down from a loss of $17.5 million a year ago. Duolingo Inc., the cloud-based language learning app creator, delivered fourth-quarter financial results today that beat expectations, sending its stock higher in extended trading. ![]()
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