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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，领先的移动学习平台Duolingo, Inc. 公布了截至2023年12月31日的第四季度和全年财务业绩。该公司宣布大幅增长，本季度的每日活跃用户（DAU）增长了65％，收入增长了45％。Duolingo实现了1,210万美元的净收入，与去年同期的1,390万美元净亏损相比有了显著改善。全年亮点包括总预订量增长45％，总收入增长44％，净收入总额为1,610万美元，而去年同期净亏损为5,960万美元。该公司还报告了本季度和全年来自运营活动的强劲现金流和自由现金流。Duolingo的首席执行官路易斯·冯·安将业绩归因于卓越的产品、品牌建设和严格的执行。该公司为2024年第一季度和全年提供了指导，预计预订量、收入和调整后的息税折旧摊销前利润将持续增长。Duolingo的财务业绩和股东信函已在其投资者关系网站上公布。
2024年2月28日，领先的移动学习平台Duolingo, Inc. 公布了截至2023年12月31日的第四季度和全年财务业绩。该公司宣布大幅增长，本季度的每日活跃用户（DAU）增长了65％，收入增长了45％。Duolingo实现了1,210万美元的净收入，与去年同期的1,390万美元净亏损相比有了显著改善。全年亮点包括总预订量增长45％，总收入增长44％，净收入总额为1,610万美元，而去年同期净亏损为5,960万美元。该公司还报告了本季度和全年来自运营活动的强劲现金流和自由现金流。Duolingo的首席执行官路易斯·冯·安将业绩归因于卓越的产品、品牌建设和严格的执行。该公司为2024年第一季度和全年提供了指导，预计预订量、收入和调整后的息税折旧摊销前利润将持续增长。Duolingo的财务业绩和股东信函已在其投资者关系网站上公布。
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