Duolingo Achieves 54% DAU growth and 40% Revenue Growth in Third Quarter 2024
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Duolingo, Inc. reported a 54% increase in daily active users and a 40% growth in revenue for the third quarter of 2024, showcasing strong performance in its mobile learning platform.
November 06, 2024 | 9:15 pm
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Duolingo reported a significant 54% growth in daily active users and a 40% increase in revenue for Q3 2024, indicating strong user engagement and financial performance.
The reported growth in daily active users and revenue suggests strong user engagement and financial health, likely leading to a positive short-term impact on Duolingo's stock price.
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IMPORTANCE 90
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