Posted 2/29/2024, 4:15:34 PM
AMC Drops Despite Revenue Beat; Duolingo and Papa John's Surge on Strong Growth and Earnings
- AMC shares fell despite beating revenue estimates, as it reported a larger-than-expected $0.83 per share loss
- Duolingo shares surged following better-than-expected results driven by 69% year-over-year user growth to 27 million daily active users
- Papa John's stock climbed after beating earnings estimates on the back of rising North America comparable sales
- Duolingo posted record quarterly bookings, revenue and profitability
- Papa John's has focused on growing North America business where comparable sales were up 2%, though international sales fell 6%