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Duolingo to Announce Second Quarter 2024 Results on Wednesday, August 7, 2024
Newsfilter· 2024-07-10 20:02
Earnings Announcement - Duolingo Inc will announce its Q2 2024 results on August 7 2024 after the US market closes [1] - The company will host a video webcast at 5:30 pm ET on the same day [1] Webcast Details - The live video webcast will be accessible through Duolingo's Investor Relations website [2] - A replay will be available two hours after the live event and archived for one year [2] Company Overview - Duolingo is the leading global mobile learning platform [3] - Its flagship app is the world's most popular way to learn languages [3] - The app is the top-grossing in the Education category on both Google Play and Apple App Store [3] - The company focuses on providing a fun engaging and effective learning experience through technology [3] - Duolingo's mission is to develop the best education and make it universally available [3]
Duolingo to Announce Second Quarter 2024 Results on Wednesday, August 7, 2024
GlobeNewswire News Room· 2024-07-10 20:02
About Duolingo Investors: Deborah Belevan, IRC, CPA ir@duolingo.com The live video webcast will be accessible to the public through Duolingo's Investor Relations website at https://investors.duolingo.com. A replay of the event will be available two hours after the live event and archived for one year. Contact Information PITTSBURGH, July 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the second quarter ending June 30, 2 ...
3 Reasons Duolingo Can Still Double Again in 2024
The Motley Fool· 2024-07-10 14:30
The fast-growing language learning app is rocking at a time when many learning apps are rolling downhill. Last year taught investors Duolingo's (DUOL 0.05%) love language. Shares of the language learning specialist more than tripled, up 219% in 2023. It's been a different story this year. Duolingo stock is trading 18% lower in 2024, going the wrong way in a rising market. There is still a lot to like in Duolingo. The stock is highly unlikely to triple again in 2024, especially with less than six months to m ...
Duolingo Doubles Down on Design and Animation With Acquisition of Hobbes
Newsfilter· 2024-07-09 11:10
PITTSBURGH, July 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, announced today that it has completed the acquisition of Hobbes, an animation and motion design studio based in Detroit. This is Duolingo's second acquisition, following the successful 2022 acquisition of Gunner, another Detroit-based design and animation studio that is affiliated with Hobbes. Duolingo uses animation and motion design to amplify game mechanics and make its products more ...
Duolingo Doubles Down on Design and Animation With Acquisition of Hobbes
GlobeNewswire News Room· 2024-07-09 11:10
PITTSBURGH, July 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, announced today that it has completed the acquisition of Hobbes, an animation and motion design studio based in Detroit. This is Duolingo's second acquisition, following the successful 2022 acquisition of Gunner, another Detroit-based design and animation studio that is affiliated with Hobbes. Duolingo uses animation and motion design to amplify game mechanics and make its products more ...
Stocks to Buy: 3 Hidden Multibaggers Ready to Double Your Money
Investor Place· 2024-07-09 10:30
Finding hidden multibaggers can lead to higher long-term gains. Although Nvidia has gained more than 3,000% over the past five years, it's unlikely to repeat that growth over the next five years. While it's difficult for any stock to achieve those returns, it's possible to find stocks that more than double within a few years. Duolingo (DUOL) Duolingo (NASDAQ:DUOL) is an educational tech company that makes it easier for people to learn new languages. The company offers verbal and written activities to assist ...
Duolingo (DUOL) Down 15% Year to Date: Should You Buy the Dip?
ZACKS· 2024-07-08 17:06
Image Source: Zacks Investment Research Duolingo, Inc. (DUOL) has been on a downward spiral lately with significant selling pressure. The stock has declined 15% year to date, a considerable drop compared to the 21.5% rally in the industry it belongs to and the 17.5% rise in the Zacks S&P 500 composite. One-Year Price Performance As of the last trading session, Duolingo's stock closed at $193.09, which is 23% below its 52-week high of $251.3. Additionally, it is trading below its 50-day moving average, sugge ...
Treasure Hunt: 3 Russell 2000 Stocks Wall Street Hasn't Discovered Yet
Investor Place· 2024-07-01 10:00
However, the Russell 2000 does contain a few winners. An index with 2,000 holdings ought to have a few top performers. Yet, investors who aren't familiar with the Russell 2000 may be underestimating the type of gains you can find in the index. Some Russell 2000 stocks have gained 1,000% within a few years. Every corporation has to start somewhere. And before a company becomes established in the S&P 500, it could have been in the Russell 2000 first. The Russell 2000 offers some investment ideas that are the ...
2 Growth Stocks That Are Screaming Buys in the 2024 Bull Market
The Motley Fool· 2024-06-29 18:00
The new bull market has given many people a renewed interest in investing. While fast-rising share prices may have you nervous about buying in at the wrong time, you can find great businesses in any market environment, especially if you invest with a long-term mindset. 1. Duolingo Duolingo (DUOL 0.01%) has capitalized on the size of the language learning market by offering dozens of courses through an extensive platform to millions of users around the world. The company focuses on helping language learners ...
Duolingo, The Language Learning Market Leader Is Worth Buying
Seeking Alpha· 2024-06-29 17:20
For Q1-2024, the fantastic performance continued as Duolingo grew revenues by a whopping 45% YoY and beat revenue estimates by a slight $2Mn, and adjusted EBITDA a massive 191%. It beat non-GAAP EPS by 30 points, clearly demonstrating that operating leverage is flowing through to the bottom line. Revenue guidance for Q2 was in line with analyst estimates, but higher by $3Mn for the full year, as was adjusted EBITDA, which is now slated at a midpoint of $171.5Mn, another huge increase of 83% over 2023. Duoli ...