The chart below shows how DUOL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DUOL sees a -1.10% change in stock price 10 days leading up to the earnings, and a +8.18% change 10 days following the report. On the earnings day itself, the stock moves by +0.40%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
User Engagement Growth: Daily active users increased by 54% year-over-year, showcasing strong user engagement and growth.
Family Plan Subscription Growth: Family Plan subscriptions grew to 21% of total subscriptions, up from 18% at the end of last year, indicating a positive trend in user acquisition.
Strong Financial Performance: Bookings and revenue grew by 38% and 40% year-over-year, respectively, reflecting robust financial performance.
EBITDA Margin Performance: The adjusted EBITDA margin for the quarter was reported at 24.7%, demonstrating effective cost management and operational efficiency.
Strong Revenue Growth Projections: The company expects to achieve a full-year revenue growth of approximately 36% to 40%, indicating strong future performance projections.
Negative
User Growth Surge: DAU grew by 54% year-over-year, which is impressive considering we're lapping last year's 60%+ growth.
Strong Year-over-Year Growth: Bookings and revenue grew 38% and 40% year-over-year, respectively, which came even as we lapped tougher comps.
Adjusted EBITDA Margin: We posted an adjusted EBITDA margin of 24.7%.
Duolingo Max Performance: This quarter's performance was driven in part by the strength we're seeing in Duolingo Max.
Q4 Guidance Overview: Our Q4 guide takes into account video call's estimated impact and our experiments around our New Year's promotion.
Duolingo, Inc. (DUOL) Q3 2024 Earnings Call Transcript
DUOL.O
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