U.S. Movers: Autodesk, Duolingo, Monster Beverage

Scott Peters
28 Feb, 2025
New York City

Monster Beverage Corp. gained 3% to $53.51 after the energy drink maker reported stronger sales in the fourth quarter of 2024.

Net sales increased to $1.81 billion from $1.73 billion, net income declined to $270.71 million from $366.98 million, and earnings per diluted share fell to 28 cents from 35 cents a year ago.

The company gained market share leadership in a number of countries for its Monster Energy brand, including a very strong market presence in the Republic of Ireland, as reported by Nielsen.

The company is also exploring opportunities for distribution of its alcohol products in certain international markets.

During the fourth quarter, no shares of the company's common stock were repurchased, and as of February 26, approximately $500 million remained available for repurchase under the previously authorized repurchase program.

Duolingo Inc. plunged 7.4% to $348.02 despite the language learning platform operator reporting higher earnings for the fourth quarter of 2024.

Revenue increased 39% to $209.55 million from $150.98 million, and net and comprehensive income jumped 15% to $13.91 million from $12.12 million a year ago.

The monthly active users’ ratio advanced 32% to 116.7 million from 88.4 million, and paid subscribers amounted to 9.5 million, up 43% from 6.6 million a year ago.

The company introduced Video Call, a real-time conversation feature, and now aims to make it powered by an artificial intelligence conversation partner to further differentiate Duolingo Max as a premium offering.

Autodesk Inc. gained 1.3% to $285.99 after the engineering software and services provider reported a 12% revenue increase in the fourth quarter of fiscal 2025 ending in January.

Revenue increased to $1.64 billion from $1.47 billion, net income jumped to $303 million from $282 million, and earnings per diluted share rose to $1.40 from $1.31 a year ago.

The company guided for the first quarter of fiscal 2026 revenue between $1.60 billion and $1.61 billion, compared to $1.4 billion a year ago, and GAAP earnings per share between 76 cents and 90 cents, compared to $1.16 in the same quarter a year ago.