LOS ANGELES (AP) — LOS ANGELES (AP) — Webtoon Entertainment Inc. (WBTN) on Tuesday reported a loss of $4.3 million in its second quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 3 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 7 cents per share.
The online storytelling platform for comics and cartoons posted revenue of $348.3 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $341.3 million.
For the current quarter ending in September, Webtoon said it expects revenue in the range of $380 million to $390 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBTN at https://www.zacks.com/ap/WBTN
View Comments
Webtoon: Q2 Earnings Snapshot
Published 2 months ago
Aug 12, 2025 at 8:44 PM
Negative
Auto