Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Duolingo Stock Soars 22% on Earnings and Revenue Beats and Better-Than-Expected Guidance

TheMotleyFool

0 0

Duolingo Stock Soars 22% on Earnings and Revenue Beats and Better-Than-Expected Guidance: https://g.foolcdn.com/editorial/images/767329/duol-stock-earnings.png

Duolingo (NASDAQ: DUOL) stock gained 22.1% in Wednesday's after-hours trading, following the educational technology company's release of a strong fourth-quarter 2023 report.

The stock's big rise is attributable to the quarter's revenue and earnings beating Wall Street's consensus estimates, along with first-quarter and full-year 2024 revenue guidance coming in higher than analysts had been expecting.

Data source: Duolingo.

Source Fool.com

Like: 0

DUOL

Share