Duolingo, the app that helps people learn languages, had some exciting but also disappointing news! Its earnings (the money it made) were lower than experts expected. But, even though it didn't earn as much, more people are using Duolingo than ever before!
- Many more people are using Duolingo every day and month.
- The number of people paying for Duolingo increased a lot.
- Duolingo's stock price went down quite a bit after the news.
| Fact | Number |
|---|---|
| Daily active users | 40.5 million (up 51%) |
| Paying subscribers | 9.5 million (up 43%) |
| Stock price drop | 17% |
| Expected Q1 revenue increase | 32.5% |
