Duolingo Sees Q4 2023 Revenue $145M-$148M Vs $140.87M Est, Sees FY23 Revenue $525M-$528M Vs $515.42M Est
Portfolio Pulse from Benzinga Newsdesk
Duolingo has projected its Q4 2023 revenue to be between $145M-$148M, surpassing the estimated $140.87M. The company also forecasts its FY23 revenue to be between $525M-$528M, higher than the estimated $515.42M.
November 08, 2023 | 10:58 pm
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POSITIVE IMPACT
Duolingo's projected Q4 2023 and FY23 revenues exceed estimates, indicating strong future performance.
Duolingo's projected revenues for Q4 2023 and FY23 are higher than the estimates. This suggests that the company expects strong performance in the future, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100