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The company’s losses widened in the second quarter, and it is expected to continue reporting losses in the upcoming quarters. Also, its trailing-12-month net income margin, ROTC, and ROA are negative compared to the industry averages of 6.29%, 7.56%, and 6.28%, respectively. So, DUOL’s near-term prospects look bleak.
Here’s what could shape DUOL’s performance in the upcoming months:
