Duolingo slips as Matt Skaruppa to step down as CFO

Duolingo

12/01/2026 13:22

Corrects typographical error in fifth bullet

** Shares of language learning platform Duolingo DUOL.O down 4.4% at $168.85 premarket

** DUOL announces CFO Matt Skaruppa will step down, to be succeeded by Gillian Munson, effective February 23

** Matt Skaruppa will step down after nearly six years with DUOL, will assume an advisory role after Munson starts her new role, co says

** Separately, DUOL says preliminary results show daily active users grew about 30%, largely in line with expectations, according to Visible Alpha data

** Co adds bookings were at or slightly above the high end of its previously guided range between $329.5 mln and $335.5 mln, but marginally below estimates of $334.2 mln

** DUOL had fallen ~46% in 2025

 (Reporting by Arnav Mishra in Bengaluru)

 ((Arnav.Mishra@thomsonreuters.com;))