Duolingo Q4 2023 GAAP EPS $0.26 Beats $0.15 Estimate, Sales $150.99M Beat $148.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Duolingo (NASDAQ:DUOL) reported Q4 2023 earnings of $0.26 per share, surpassing the $0.15 estimate, with sales of $150.99M beating the $148.09M estimate, marking a 45.42% increase from the previous year.
February 28, 2024 | 9:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Duolingo reported Q4 2023 earnings of $0.26 per share, exceeding estimates, with sales of $150.99M also surpassing expectations and showing significant year-over-year growth.
Duolingo's earnings and sales beat not only demonstrates the company's ability to outperform market expectations but also indicates a strong growth trajectory compared to the same period last year. This positive earnings report is likely to instill confidence in investors, potentially leading to a short-term uptick in DUOL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100