Duolingo Inc (NAS:DUOL)
$ 180.95 -6.35 (-3.39%) Market Cap: 7.80 Bil Enterprise Value: 7.30 Bil PE Ratio: 186.55 PB Ratio: 10.96 GF Score: 63/100

Q3 2022 Duolingo Inc Earnings Call Transcript

Nov 10, 2022 / 10:30PM GMT
Release Date Price: $84.75 (+10.06%)
Deborah Belevan
Duolingo, Inc. - VP of IR

Good afternoon, and welcome to Duolingo's Third Quarter 2022 Earnings Webcast. (Operator Instructions). Today, after market close, we released our quarterly shareholder letter with our Q3 results and commentary, which you can find on our IR website at investor.duolingo.com. On today's call, we have Luis von Ahn, our Co-Founder and CEO; and Matt Skaruppa, our CFO. They will begin with some prepared remarks before opening the call to questions. (Operator Instructions). Please note that this event is being recorded.

Just a reminder that we will make forward-looking statements regarding future events and financial performance, which are subject to material risks and uncertainties. Some of these risks have been set forth in the risk factors in our filings with the SEC. These forward-looking statements are based on assumptions that we believe to be reasonable as of today, and we have no obligation to update these statements as a result of new information or future events.

Additionally, we will present both GAAP and non-GAAP financial measures on

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