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Duolingo $DUOL July to September 2021 Financial Results

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Duolingo (ticker symbol: DUOL) announced its financial results for the period July to September 2021 on November 10, 2021.

Financial results for July to September 2021

EPS of -98¢ versus -87¢ expected.

Net sales of $63.6 million vs. forecast of $60.5 million.

Sales growth was +40.4% YoY.

Gross profit was -$29 million. In the same period last year, it was -$3.2 million.

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