Duolingo shares drop 7.7% after Q1 beats but warns of slower growth ahead

Duolingo reported Q1 revenue of $292 million, beating estimates, with 21% growth in paid subscribers and daily active users. Despite this, shares fell 7.7% due to cautious Q2 guidance showing only 5.8% bookings growth and lowered full-year revenue forecasts. Concerns include slowing user growth, especially in the US, which impacts monetization. The company is trying new engagement strategies, but investors remain wary until clearer growth signs emerge.