04:17 PM EDT, 08/07/2024 (MT Newswires) -- Duolingo ( DUOL ) reported Q2 earnings late Wednesday of $0.51 per diluted share, up from $0.08 a year earlier.

Analysts surveyed by Capital IQ expected $0.32.

Revenue for the quarter ended June 30 was $178.3 million, up from $126.8 million a year earlier.

Analysts polled by Capital IQ expected $177.1 million.

Duolingo ( DUOL ) said it expects Q3 revenue of between $186.7 million and $189.7 million.

Analysts surveyed by Capital IQ expect $188.1 million.

Full-year revenue is now expected to be $731.3 million to $738.3 million, up from the prior outlook of $726.5 million to $735.5 million.

Analysts polled by Capital IQ expect $733.5 million.

Shares of Duolingo ( DUOL ) were nearly 3% higher in after-hours trading.

Price: 166.00, Change: +4.60, Percent Change: +2.85