Why Duolingo Shares Are Surging Today
Duolingo Inc (NASDAQ:DUOL) reported first-quarter FY22 sales growth of 47% year-on-year to $81.22 million, beating the consensus of $77.44 million. Total bookings increased 55% Y/Y to $102.1 million, and subscription bookings rose 56% to $78.5 million. Paid subscriptions grew 60% Y/Y to 2.9 million at quarter-end. Monthly active users (MAUs) climbed 23% to…
Benzinga ·