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Benzinga
Benzinga
Business
Dylan Berman

Duolingo Stock Is Climbing Higher Thursday: What's Going On?

Duolingo DUOL
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Duolingo, Inc. (NASDAQ:DUOL) shares are trading higher Thursday after the company reported better-than-expected second quarter financial results, issued third quarter sales guidance above estimates and raised its fiscal year 2025 sales guidance above estimates.

What To Know: Duolingo reported earnings per share of 91 cents, beating the consensus estimate of 58 cents. In addition, the company reported sales of $252.26 million, beating the consensus estimate of $240.77 million and representing a 41% year-over-year growth.

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