Duolingo Q2 revenue $58.8M (+47% YoY); paid subscribers up 46% to 1.9M

Duolingo, Inc.

2021-Q2 EPS reported -$1.05 revenue$114,163,000

Total bookings $64.5M (+30% YoY); subscription bookings $48.9M (+34%).
MAUs 37.9M (-3% YoY), DAUs 9.1M (+2% YoY); paid subscribers 1.9M (+46%).
Net loss $176K vs net income $40K a year ago; Adj. EBITDA $3.7M (+$1.4M).
Q3 2021 guidance: bookings $63-66M, revenue $58.5-61.5M, adj. EBITDA loss $(12)-(8)M.
FY2021 guidance: bookings $267-273M, revenue $236-242M, adj. EBITDA loss $(14)-(8)M.

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