💨 Abstract

Duolingo, a language learning app, expects higher annual revenue due to increased adoption of its AI-powered subscription tier. The company anticipates stronger revenue, forecasting $962.5-$978.5 million for 2025, surpassing Wall Street projections. However, costs associated with AI-driven video call features led to lower than expected core profit this year. The company's shares increased by 4% in extended trading.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖