Duolingo (DUOL) Boosts Revenue Outlook as Daily Users Top 30 Million
Duolingo Inc. shares slumped after the education software provider’s quarterly report showed it had gained new users at the slowest rate since the third quarter of 2022. The company said daily active users (DAU) rose 55% to 31.4 million, more than double what it was 18 months ago, but only narrowly above the average analysts’ projection of 31.1 million....
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