The firm had revenue of $103.82 million for the quarter, compared to analysts’ expectations of $99.88 million. Duolingo had a negative return on equity of 11.22% and a negative net margin of 16.12%. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.18. Get Duolingo alerts:ĭuolingo ( NYSE:DUOL – Get Rating) last released its quarterly earnings results on Tuesday, February 28th. Institutional investors own 63.16% of the company’s stock.
Finally, Mirabella Financial Services LLP purchased a new position in shares of Duolingo during the 3rd quarter valued at $583,000. Renaissance Capital LLC purchased a new position in shares of Duolingo during the 3rd quarter valued at $845,000. now owns 35,445 shares of the company’s stock valued at $3,375,000 after buying an additional 3,425 shares during the last quarter. lifted its position in shares of Duolingo by 10.7% during the 3rd quarter. Nordea Investment Management AB purchased a new position in shares of Duolingo during the 2nd quarter valued at $3,004,000. Credit Suisse AG now owns 136,964 shares of the company’s stock valued at $13,043,000 after buying an additional 8,018 shares during the last quarter. Credit Suisse AG lifted its position in shares of Duolingo by 6.2% during the 3rd quarter. Other institutional investors have also recently bought and sold shares of the company.
Teachers Retirement System of The State of Kentucky owned 0.10% of Duolingo at the end of the most recent reporting period. The institutional investor acquired 38,958 shares of the company’s stock, valued at approximately $3,710,000. ( NYSE:DUOL – Get Rating) in the third quarter, according to the company in its most recent 13F filing with the SEC. Teachers Retirement System of The State of Kentucky acquired a new stake in Duolingo, Inc.
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