Webtoon reports Q3 adjusted EPS 22c, consensus (42c)

Reports Q3 revenue $347.92M, consensus $336.11M. Junkoo Kim, Founder and CEO said, “In our first full quarter as a public company, WEBTOON (WBTN) delivered strong financial results, achieving revenue growth of 9.5% on a reported basis, double-digit revenue growth on a constant currency basis and solid profitability. We continued to focus on deepening engagement from our user base and driving further scale globally while maturing and streamlining our operations.”