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Duolingo slips as Matt Skaruppa to step down as CFO

ReutersJan 12, 2026 1:35 PM

Shares of language learning platform Duolingo DUOL.O down 4.4% at $168.85 premarket

DUOL announces CFO Matt Skaruppa will step down, to be succeeded by Gillian Munson, effective February 23

Matt Skaruppa will step down after nearly six years with DUOL, will assume an advisory role after Munson starts her new role, co says

Separately, DUOL says preliminary results show daily active users grew about 30%, largely in line with expectations, according to Visible Alpha data

Co adds bookings were at or slightly above the high end of its previously guided range between $329.5 mln and $335.5 mln, but marginally below estimates of $334.2 mln

DUOL had fallen ~46% in 2025

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