🚀 Duolingo’s On Fire: Is It Helping You Go Bilingual?
Duolingo surged 13%, hitting an intraday high of 35% yesterday. In Q2, revenue reached $252.3 million, up 41% year-over-year, far exceeding analysts’ expectations of $240.7 million. Net income soared to $44.8 million, or $0.91 per share, significantly beating the expected $0.59 and nearly doubling the figure from the same period last year.
Behind Duolingo's strong earnings — is it driven by more and more people using the app?
Are you a loyal Duolingo user?
What do you think of Duolingo's viral marketing — fun or cringe?