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Benzinga
Benzinga
Business
Adam Eckert

Why Duolingo Shares Are Trading Higher Today

Duolingo DUOL Duolingo Inc

Duolingo Inc (NASDAQ:DUOL) is trading higher Friday after the company reported better-than-expected financial results and issued guidance above estimates. 

Duolingo said fourth-quarter revenue increased 51% year-over-year to $73 million, which beat the $68.88 million estimate. The company reported a quarterly earnings loss of 46 cents per share, which beat the estimate for a loss of 68 cents per share. 

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