Consensus $736.5M. Raises FY24 adjusted EBITDA view to $188.3M-$190.4M from $175.5M-$184.6M. Raises FY24 bookings view to $843.5M-$846.5M from $820.5M-$827.5M. The company said, “This quarter we saw strong new and returning user growth, our highest ever family plan penetration, and a meaningful bookings contribution from Duolingo (DUOL) Max. Our AI-powered Video Call feature helped to drive adoption of Max and increase conversational speaking practice, which we believe can unlock new opportunities in the global language learning market.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.