- Duolingo lets AI host earnings call
- Revenue beats expectations but subscribers miss target
- Stock dips despite innovative AI presentation
Meet the New Face of Corporate Meetings
The language learning giant Duolingo turned heads by letting its AI chatbot Lily deliver the opening remarks at Wednesday’s earnings call.
The purple-haired teen character replaced CEO Luis von Ahn to present key metrics, including a 54% surge in daily active users to 37.2 million.
Numbers Look Pretty Good
The company posted impressive results, beating revenue expectations at $192.6 million—a 40% year-over-year growth. They’ve also raised their 2024 revenue guidance to $744 million, though paid subscribers fell slightly short of Wall Street predictions at 8.6 million users.
The Future Speaks Teen
This bold move showcases Duolingo’s commitment to AI innovation and their unique brand personality. The company recently launched video call features through their premium tier, letting users practice languages directly through conversations their AI companion Lily.
