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On February 28, 2024, Duolingo, Inc., the leading mobile learning platform, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company announced significant growth, with a 65% increase in daily active users (DAUs) and a 45% increase in revenue for the quarter. Duolingo achieved a net income of $12.1 million, a substantial improvement from a net loss of $13.9 million in the same quarter of the previous year. The full-year highlights included a 45% increase in total bookings and a 44% increase in total revenues, with net income totaling $16.1 million compared to a net loss of $59.6 million in the prior year. The company also reported strong cash flow from operating activities and free cash flow for both the quarter and the full...Show More
On February 28, 2024, Duolingo, Inc., the leading mobile learning platform, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company announced significant growth, with a 65% increase in daily active users (DAUs) and a 45% increase in revenue for the quarter. Duolingo achieved a net income of $12.1 million, a substantial improvement from a net loss of $13.9 million in the same quarter of the previous year. The full-year highlights included a 45% increase in total bookings and a 44% increase in total revenues, with net income totaling $16.1 million compared to a net loss of $59.6 million in the prior year. The company also reported strong cash flow from operating activities and free cash flow for both the quarter and the full year. Duolingo's CEO, Luis von Ahn, attributed the performance to product excellence, brand building, and disciplined execution. The company provided guidance for the first quarter and full year of 2024, expecting continued growth in bookings, revenues, and adjusted EBITDA. Duolingo's financial results and shareholder letter were made available on their investor relations website.
2024年2月28日，領先的移動學習平台Duolingo, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司宣佈大幅增長，本季度的每日活躍用戶（DAU）增長了65％，收入增長了45％。Duolingo實現了1,210萬美元的淨收入，與去年同期的1,390萬美元淨虧損相比有了顯著改善。全年亮點包括總預訂量增長45％，總收入增長44％，淨收入總額爲1,610萬美元，而去年同期淨虧損爲5,960萬美元。該公司還報告了本季度和全年來自運營活動的強勁現金流和自由現金流。Duolingo的首席執行官路易斯·馮·安將業績歸因於卓越的產品、品牌建設和嚴格的執行。該公司爲2024年第一季度和全年提供了指導，預計預訂量、收入和調整後的息稅折舊攤銷前利潤將持續增長。Duolingo的財務業績和股東信函已在其投資者關係網站上公佈。
2024年2月28日，領先的移動學習平台Duolingo, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司宣佈大幅增長，本季度的每日活躍用戶（DAU）增長了65％，收入增長了45％。Duolingo實現了1,210萬美元的淨收入，與去年同期的1,390萬美元淨虧損相比有了顯著改善。全年亮點包括總預訂量增長45％，總收入增長44％，淨收入總額爲1,610萬美元，而去年同期淨虧損爲5,960萬美元。該公司還報告了本季度和全年來自運營活動的強勁現金流和自由現金流。Duolingo的首席執行官路易斯·馮·安將業績歸因於卓越的產品、品牌建設和嚴格的執行。該公司爲2024年第一季度和全年提供了指導，預計預訂量、收入和調整後的息稅折舊攤銷前利潤將持續增長。Duolingo的財務業績和股東信函已在其投資者關係網站上公佈。
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