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News  ›  Benzinga

Duolingo Stock Dives On Q3 Earnings: What You Need To Know

Benzinga Logo Benzinga By Adam Eckert
Duolingo Stock Dives On Q3 Earnings: What You Need To Know

Duolingo reported strong Q3 earnings with revenue of $271.7 million and 36% year-over-year user growth, but stock dropped due to slower sequential user growth and market reaction.

Insights
UBER   positive

Scaling global autonomous fleet to 100,000 vehicles and developing unified ride-hailing network with NVIDIA


DUOL   negative

Despite beating revenue estimates and increasing user base, stock price dropped 17.34% due to slower sequential user growth and market perception of reduced growth momentum