Duolingo Inc (NAS:DUOL)
$ 283.49 -0.17 (-0.06%) Market Cap: 12.34 Bil Enterprise Value: 11.51 Bil PE Ratio: 202.49 PB Ratio: 16.08 GF Score: 58/100

Q1 2023 Duolingo Inc Earnings Call Transcript

May 09, 2023 / 09:30PM GMT
Release Date Price: $134.3 (+1.87%)
Deborah Belevan
Duolingo, Inc. - VP of IR

Good afternoon, and welcome to Duolingo's first quarter earnings webcast. My name is Debbie Belevan, Head of IR. Today after market close, we released our year-end -- our quarter-end shareholder letter with our Q1 results and commentary, which you can find on our IR website at investors.duolingo.com.

On today's call, we'll have Luis von Ahn, our Co-Founder and CEO; and Matt Skaruppa, our CFO. They'll begin with some brief remarks before opening the call to questions. (Operator Instructions) And please note that this event is being recorded.

Just a reminder that we'll 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 of 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'll present both GAAP and

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