FILE PHOTO: Woman with her smartphone poses in front of displayed Duolingo logo in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File photo
(Reuters) -Language learning app Duolingo forecast annual revenue above Wall Street expectations on Thursday, anticipating a stronger adoption of its subscription tier featuring artificial intelligence capabilities.
The Pittsburgh, Pennsylvania-based company's shares were up about 4% in extended trading.
