Webtoon Entertainment drops after Q4 revenue miss

Webtoon Entertainment

04/03/2026 12:32

** Shares of online comics platform Webtoon Entertainment WBTN.O fall 13.4% to $9.95 premarket

** Q4 revenue declines 6.3% year-over-year to $330.7 million, missing analysts' expectations of $337.5 million - data compiled by LSEG

** Posts quarterly net loss of $336.5 million, compared with a loss of $102.6 million a year earlier

** Bigger losses driven by goodwill impairments - company

** Shares down 11.6% YTD, as of last close

(Reporting by Niket Nishant)

((Niket.Nishant@thomsonreuters.com))