Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Duolingo (DUOL) reported strong third-quarter earnings with total revenues of $192.6 million, marking a 40% increase from the prior year. The company's net income rose to $23.4 million from $2.8 million in the previous year. Adjusted EBITDA increased to $47.5 million from $22.5 million. Duolingo's EPS was $0.49, surpassing the estimated $0.35. For the fourth quarter, Duolingo projects revenues between $202.5 million and $205.5 million, bookings between $244.5 million and $247.5 million, and adjusted EBITDA of $48.6 million. The company also raised its full-year guidance, expecting bookings and revenue growth of approximately 36% and 40%, respectively.
$DDOG Monness, Crespi, Hardt Upgrades to Buy PT $155 This morning, Datadog reported 3Q:24 upside, issued a healthy 4Q:24 outlook, and finetuned its 2024 guidance. We are upgrading our rating on Datadog to Buy from Neutral. Surviving software’s nuclear winter in 2024, Datadog’s…
$DDOG Guidance: "First, our guidance philosophy remains unchanged. As a reminder, we base our guidance on trends observed in recent quarters and apply conservatism on these growth trends. For the fourth quarter, we expect revenue to be in the range of $709 million to $713… https://t.co/RF1EnCoyWy
Datadog reported impressive Q3 results, surpassing estimates with $690.02 million in revenue, representing a 26% year-over-year growth. The company also disclosed having 3,490 customers with $ARR $100,000 or more. However, margins displayed mixed results. $EPS $SHL $DDOG
