Duolingo, Inc. Stock Price, News & Analysis

Duolingo, Inc. (Nasdaq: DUOL) will announce its Q1 2023 results on May 9, 2023, after the U.S. market closes. A video webcast will follow at 5:30 p.m. ET, accessible via Duolingo's Investor Relations website. The company, recognized as a leading mobile learning platform, remains dedicated to providing an engaging language-learning experience. Duolingo's flagship app is the top-grossing education app globally, available on both Google Play and the Apple App Store. The webcast will be archived for one year for public access.

Duolingo launched its new AI-powered product, Duolingo Max, on March 14, 2023, utilizing OpenAI's GPT-4 technology. This innovative subscription tier offers enhanced language learning experiences through features like Explain My Answer and Roleplay, enabling learners to better understand their mistakes and engage in interactive conversation practice. Duolingo Max is currently available on iOS in the US and select markets. The collaboration with OpenAI aims to replicate one-on-one tutoring experiences, making quality education accessible to everyone.

Duolingo, the leading mobile learning platform, reported impressive financial results for Q4 and the full year 2022. Revenue surged by 47%, totaling $369.5 million, with cash from operations increasing by over $44 million. As of Q4, paid subscribers rose 67% to 4.2 million, while total bookings reached $126.4 million, a 39% increase. The company introduced Duolingo Max, a new subscription tier leveraging generative AI for personalized learning experiences. Looking ahead, Duolingo expects total bookings of $530-$542 million for 2023, indicating continued growth.

Duolingo, the leading mobile learning platform, will announce its fourth-quarter and full-year results for 2022 on February 28, 2023, after U.S. market close. A live video webcast is scheduled for 5:30 p.m. ET, accessible through their Investor Relations website. Duolingo's app is the most popular language learning tool globally and ranks as the top-grossing Education app on Google Play and Apple App Store. The company focuses on delivering engaging and effective learning experiences while maintaining its mission to provide top-quality education accessible to all.

Duolingo (NASDAQ:DUOL) has announced the 'Most 2022 Phrase' as 'Please don’t cancel my plans' in response to a year marked by travel disruptions. The company reported over 1 billion hours spent learning on its platform, with 14 billion lessons completed. Key findings from the 2022 Language Report reveal a surge in Ukrainian language learners, with 1.3 million beginning studies post-Russia's invasion. English remains the top language worldwide, and Duolingo anticipates increased language interest tied to travel plans in 2023, as many Americans express a desire to learn languages before traveling.