Duolingo Stock Soars 22% on Earnings and Revenue Beats and Better-Than-Expected Guidance

Duolingo (DUOL 0.48%) stock gained 22.1% in Wednesday's after-hours trading, following the educational technology company's release of a strong fourth-quarter 2023 report. The stock's big rise is attributable to the quarter's revenue and earnings beating Wall Street's consensus estimates, along with first-quarter and full-year 2024 revenue guidance coming in higher than analysts had been expecting.Duolingo's key quarterly numbersMetricQ4 2022Q4 2023ChangeRevenue$103.8 million$151.0 million45%Operating incom ...