Duolingo Stock Drops After Q1 Earnings — Here's Why
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Duolingo Inc. (NASDAQ:DUOL) reported Q1 earnings of 89 cents per share, surpassing estimates of 79 cents, with revenue of $291.97 million also beating expectations. However, the company issued a disappointing revenue outlook for fiscal 2026, narrowing it to $1.205 billion, below the analyst estimate of $1.209 billion. Following the report, Duolingo's stock fell 9.96% to $99.25 in extended trading.
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