Duolingo DUOL reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Duolingo beat estimated earnings by 53.0%, reporting an EPS of $0.26 versus an estimate of $0.17.
Revenue was up $47.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 21.0% increase in the share price the next day.
Here's a look at Duolingo's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.19 | -0.23 | -0.53 |
| EPS Actual | 0.06 | 0.08 | -0.06 | -0.35 |
| Revenue Estimate | 132.08M | 123.87M | 112.95M | 99.89M |
| Revenue Actual | 137.62M | 126.84M | 115.66M | 103.82M |
To track all earnings releases for Duolingo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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