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 ...