On November 4, Duolingo, Inc. rose 10.94% in Pre-Market Trading, trading at $142.0/share, with turnover of $168.1 thousand.
The move was tied to the company’s latest quarterly results and higher full-year guidance, which shifted trading focus toward delivered growth rather than pre-earnings positioning.
For the third quarter, revenue was $309.0 million, above the $303.2 million market expectation, while daily active users rose 29% year over year to 64.9 million, accelerating from the prior quarter’s 23% growth. The company also guided fourth-quarter revenue to $322 million and full-year revenue to about $1.22 billion, both above consensus, while updated full-year booking and adjusted EBITDA targets further reinforced expectations for sustained growth.
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