Duolingo beats top-line and bottom-line estimates; initiates Q2 and updates FY24 outlook
Duolingo press release (NASDAQ:DUOL): Q1 GAAP EPS of $0.57 beats by $0.31. Revenue of $167.55M (+44.9% Y/Y) beats by $1.9M. Adjusted EBITDA was $44.0 million, compared to $15.1 million in the prior year quarter, a 26.3% versus 13.1% Adjusted EBITDA...
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