According to @StockMarketNerd, DUOL’s EPS beat is driven by a tax benefit and is not reflective of core operating strength. According to @StockMarketNerd, management cut Q4 bookings guidance by 3.6%, which is the key forward-looking demand gauge for traders. According to @StockMarketNerd, full-year constant-currency growth guidance was reiterated, but the market will fixate on the Q4 bookings cut when assessing demand.