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0.00837415973567278 0.000341802438190739 -0.00501310242679729 -0.00871596217386351 -0.00535490486498802 -0.0339016748319471 -0.0315597584596103 -0.0408453913637917
Stock impact report

Duolingo CFO Matt Skaruppa to step down after nearly six years [Yahoo! Finance]

Duolingo, Inc. - Class A (DUOL) 
Company Research Source: Yahoo! Finance
the departure of a key executive who helped the ?language-learning app maker go public. During his tenure, the company saw consistent revenue growth and improving profitability as it converted strong user engagement into paid subscriptions ?and ramped up the ?use of artificial intelligence to personalize lessons and attract more users. Skaruppa, who joined ?Duolingo in early 2020, will remain CFO until February 23, before moving into an advisory role to support a ?leadership transition, the company said. Gillian Munson will succeed ?Skaruppa as CFO, the Pittsburgh-based company said. Munson has served on Duolingo's board since 2019 and previously held senior finance roles at Vimeo and other technology companies. Separately, Duolingo announced preliminary results for the ?December quarter. Daily active users ?grew about 30%, largely in ?line with expectations, according to Visible Alpha data. Bookings for the fourth-quarter were between $329.5 million and $335.5 ?million, mar Show less Read more
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