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Benzinga
Benzinga
Business
Vaishali Prayag

Duolingo Shares Surge 13% As Analyst Reaffirms Confidence Despite AI Backlash

DUOL Duolingo
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Duolingo Inc. (NASDAQ:DUOL) closed trading higher on Thursday after the company reported second-quarter earnings and revenue that beat expectations and raised its full-year 2025 outlook.

What To Know: The company posted $252.3 million in revenue and $78.7 million in adjusted EBITDA, both ahead of consensus estimates. While user growth showed signs of slowing, particularly in daily active users (DAUs), Duolingo attributed the softness to public backlash in the U.S. over its announcement that it would become an "AI-first" company. This led to a noticeable dip in engagement, prompting the company to temporarily pull back its marketing on social media.

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