Duolingo Lifts Sales Outlook as It Widens Non-Language Offerings

Duolingo Inc. shares soared in post-market trading after it lifted its earnings forecast for the year, citing the better-than-expected performance of its subscription tiers over the second quarter.

The Pittsburgh-based company now expects full-year revenue of $1.01 billion to $1.02 billion, up from $987 million to $996 million previously seen, and beating the consensus estimate of $996.5 million.