Webtoon Narrows Third-Quarter Loss as Revenue Falls
Webtoon Entertainment reported a third-quarter loss of $7.47 million, or 6 cents per share, versus a loss of $11.1 million, or 9 cents per share, a year earlier. Revenue fell, hurt by declines in paid content and adaptations.
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09:30:04 PM UTC
SquawkNews
WEBTOON reported third-quarter 2026 revenue of $362.8 million, down 4.0% year over year, while revenue grew 0.2% on a constant-currency basis. Net loss was $7.5 million, and Adjusted EBITDA was $2.2 million. The company expects constant-currency revenue growth of 9.0% to 12.0% in the fourth quarter…
By Connor HartWebtoon Entertainment narrowed its loss in the latest quarter even though revenue fell, hurt by declines in paid content and adaptations.The digital comics platform reported a third-quarter loss of $7.47 million, or 6 cents a share, compared with a loss of $11.1 million, or 9 cents a…