On May 8th local time, language learning platform Duolingo announced its first quarter performance as of March 31, 2024. The total revenue was $167.6 million, a year-on-year increase of 45%; The net income was $26.956 million, and a loss of $2.582 million was incurred in the same period last year. As of the end of this quarter, the total number of paid users reached 7.4 million, an increase of 54% compared to the same period last year; The daily active users (DAUs) were 31.4 million, an increase of 54% compared to the same period last year.