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Duolingo (DUOL)
NASDAQ:DUOL
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.48Last Year’s EPS
$0.26Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 7.30%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Positive
Duolingo's third-quarter earnings call highlighted significant growth in user engagement and revenue, driven by new product features and expansion in international markets. However, there are concerns about increased costs impacting margins and ongoing adjustments to pricing strategies.Company Guidance
In the Third Quarter 2024 earnings call for Duolingo, the company reported robust performance across key metrics, resulting in an increase in full-year guidance. Daily Active Users (DAU) experienced a significant rise of 54% year-over-year, while bookings and revenue grew by 38% and 40%, respectively. The adjusted EBITDA margin stood at 24.7%. The Family Plan subscribers increased to 21%, up from 18% at the end of the previous year. Duolingo highlighted the successful rollout of its new AI-powered Video Call feature, which contributed to its highest subscription tier, Duolingo Max, now available to roughly half of its DAU. This expansion is expected to grow by 10 percentage points by year's end. Looking ahead, the company forecasts full-year bookings and revenue growth of about 36% and 40%, respectively, with an adjusted EBITDA margin guidance raised to 25.5% at the midpoint for 2024.Significant Growth in Daily Active Users
Daily active users increased by 54% year-over-year, which is notable considering a 60% growth in the previous year.
Positive Revenue and Bookings Growth
Bookings and revenue grew by 38% and 40% year-over-year, respectively.
Expansion of Duolingo Max
Duolingo Max is now available to roughly half of the daily active users, up from 15%. It includes new AI-powered features like Video Call.
Raising Full Year Guidance
The company is raising its full-year guidance, expecting bookings and revenue growth of about 36% and 40%, respectively.
Strong Performance in International Markets
Consistent growth across international markets including plans to add country managers for Italy and Turkey.
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DUOL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DUOL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $318.85 | $315.82 | -0.95% |
| Aug 07, 2024 | $161.40 | $178.99 | +10.90% |
| May 08, 2024 | $244.64 | $200.58 | -18.01% |
| Feb 28, 2024 | $195.51 | $239.00 | +22.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Duolingo (DUOL) report earnings?
Duolingo (DUOL) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Duolingo (DUOL) earnings time?
Duolingo (DUOL) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DUOL EPS forecast?
DUOL EPS forecast for the fiscal quarter 2024 (Q4) is $0.48.
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