Recap: Duolingo Q4 Earnings

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.

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.

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.

Earnings Calendar