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DUOL — Duolingo News Story

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Duolingo falls after soft quarterly revenue outlook

BUZZ-Duolingo falls after soft quarterly revenue outlook

** Language-learning platform Duolingo's DUOL.O shares fall 11.3% to $119.99 in extended trading

** Co forecasts Q3 rev of $302 million, versus analysts' avg. estimate of $304 million - data compiled by LSEG

** Q2 rev rises 18% to $298.5 mln, beating estimates of $295.6 mln

** Reports 58.7 mln daily active users in Q2, vs Visible Alpha estimates of 57.5 mln

** As of Wednesday's close, stock has fallen 22.9% YTD


(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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