WEBTOON Entertainment Inc. Reports Third Quarter 2024 Financial Results
WEBTOON Entertainment Inc. - Common stock (WBTN)
Company Research
Source: GlobeNewswire
Strong Year-Over-Year Revenue Growth of 9.5%; Robust Year-Over-Year Revenue Growth on a Constant Currency Basis of 13.5% Net Income of $20 Million; Solid Adjusted EBITDA of $28.9 Million Represented a Significant Increase Year-Over-Year LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced results for its third quarter ending September 30, 2024. More information about this quarter’s results can be found in the Company’s shareholder letter on the investor relations section of its website. Third Quarter 2024 Highlights (vs. 3Q 2023) Total revenue of $347.9 million grew 9.5% driven by strong growth in Paid Content and Advertising, partially offset by our exposure to weaker foreign currencies. Revenue on a constant currency basis was $360.4 million, growing 13.5%, driven by growth across all revenue st
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News
- WEBTOON Entertainment’s COO & CFO David J. Lee to Keynote the 2025 Variety Entertainment Summit at CESBusiness Wire
- WEBTOON Entertainment Inc. to Participate in Upcoming Investor ConferencesGlobeNewswire
- WEBTOON ALERT: Bragar Eagel & Squire, P.C. is Investigating WEBTOON Entertainment Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- WEBTOON Entertainment Launches WEBTOON Shop, A New Online Retail Destination for Webcomic MerchandiseBusiness Wire
- WBTN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that WEBTOON Entertainment, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!GlobeNewswire