U.S. Movers: Duolingo, Eastman Kodak, Getty Images

Scott Peters
18 Mar, 2025
New York City

Getty Images eased 0.9% to $2.13 after the visual content creator reported revenue growth in the fourth quarter of 2024.

Revenue increased to $247.32 million from $225.94 million, net income declined to $24.43 million from $39.11 million, and diluted earnings per share dropped to 6 cents from 9 cents a year ago.

“Our healthy and growing subscription business, strong cash flow generation, and improved balance sheet—with our net leverage falling below 4x for the first time in over a decade—position us well for 2025,” said Jenn Leyden, Chief Financial Officer of Getty Images, in a release to investors.

Eastman Kodak Co. surged 2.6% to $7.16 after the print and advanced materials and chemicals company reported fourth quarter of 2024 results.

Revenue declined 3% to $266 million from $275 million, and gross profit edged up 9% to $51 million from $47 million a year ago.

Operational EBITDA increased to $9 million from $2 million a year earlier.

Revenue in the full year decreased 7% to $1.04 billion from $1.12 billion, and gross profit dropped 3% to $203 million from $210 million in 2023.

Operational EBITDA edged down 42% to $26 million from $45 million a year earlier.

"Kodak ended the year with a cash balance of $201 million, compared to $255 million on December 31, 2023, which reflects ongoing investments in growth initiatives and optimizing processes in areas such as finance and manufacturing,” the company’s CFO David Bullwinkle said in a release to investors.

Duolingo Inc. surged 1.7% to $299.18 after the language learning platform operator reported higher revenue in the fourth quarter of 2024.

Revenue jumped 39% to $209.6 million from $151.0 million, and net income edged up 15% to $13.9 million from $12.1 million a year ago.

During the quarter, subscription bookings surged 50% to $236.5 from $157.8 million, and total bookings rose 42% to $271.6 million from $191.0 million a year earlier.

Adjusted EBITDA increased 49% to $52.3 million from $35.2 million, and free cash flow surged 84% to $87.8 million from $47.7 million in the same quarter in 2023.

The number of daily active users in the quarter surged 51% to 40.5 million from 26.9 million, and the monthly active users edged up 32% to 116.7 million from 88.4 million a year ago.

The company guided for the first quarter of 2025 revenue to be between $220.5 million and $223.5 million, up from $167.6 million a year ago, and bookings between $252 million and $255 million, compared to $197.5 million in the same period in 2024.

For the full year, Duolingo estimated revenue to be between $962.5 million and $978.5 million, up from $748.0 million in 2024, and bookings between $1.08 billion and $1.10 billion, compared to $870.6 million last year.