Articles for tag: AI Chatbot, Duolingo, earnings call, Gen Z, language learning, revenue growth, technology news

Market News

AI

Duolingo’s earnings call featured AI chatbot Lily, revealing strong revenue yet missing user targets, leading to a 5% stock drop.

Duolingo recently held its earnings call, showcasing a new AI chatbot named Lily, who humorously summarized the company’s quarterly performance. While Duolingo reported a revenue increase to $192.6 million, exceeding expectations, it fell short on paid user subscriptions, with 8.6 million reported versus the anticipated 8.66 million. This news led to a nearly 5% stock ...

Market News

AI

Duolingo’s earnings call featured AI chatbot Lily, revealing strong revenue yet missing user targets, leading to a 5% stock drop.

Duolingo recently held its earnings call where an AI chatbot named Lily made a debut, summarizing the company’s quarterly performance. The call highlighted that Duolingo experienced a revenue increase, generating $192.6 million, surpassing estimates. However, the company fell short of its target for paid users, reporting only 8.6 million compared to the expected 8.66 million, ...

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