secwatch.observer — SEC 8-K summary
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Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001562088-22-000163
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q3 revenue up 51% to $96.1M, DAUs +51%, raises FY2022 guidance
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- Revenue $96.1M (+51% YoY); net loss improved to $18.4M from $29.0M loss.
- Adjusted EBITDA turned positive at $2.1M from -$6.0M in Q3 2021.
- Total bookings $102.7M (+41%); paid subscribers 3.7M (+68%).
- DAUs 14.9M (+51%); MAUs 56.5M (+35%).
- Raised full-year revenue guidance to $364-367M; Adjusted EBITDA guidance $7-10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000163/0001562088-22-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000163/duol-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001562088-22-000163

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer