earnings
confidence high
sentiment positive
materiality 0.75
WEBTOON Q3 revenue $347.9M (+9.5% YoY); net income $20M, adjusted EBITDA $28.9M
WEBTOON Entertainment Inc.
2024-Q3 EPS reported
-$0.44
revenue$995,631,000
- Revenue $347.9M, +9.5% YoY; constant currency revenue $360.4M, +13.5%.
- Net income $20.0M vs loss in prior year; diluted EPS $0.15 vs -$0.10.
- Adjusted EBITDA $28.9M (8.3% margin), up significantly YoY.
- Q4 outlook: revenue $375-$385M (10.3%-13.3% constant currency growth), adjusted EBITDA $9-$14M.
- CEO Junkoo Kim notes strong execution and confidence in Q4 targets.