WEBTOON Entertainment reports Q3 results

seekingalpha
2024-11-08
  • WEBTOON Entertainment Inc. press release (NASDAQ:WBTN): Q3 Non-GAAP EPS of $0.22.
  • Revenue of $347.9M (+9.5% Y/Y).
  • For the fourth quarter 2024, the company expects: revenue growth on a constant currency basis in the range of 10.3%-13.3%. This represents revenue in the range of $375-$385 million, assuming FX rates remain relatively stable with the end of Q3.
  • Adjusted EBITDA in the range of $9-$14 million, representing an Adjusted EBITDA Margin in the range of 2.4%-3.6%.

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