Webtoon Entertainment falls after Q2 revenue misses estimates
11/08/2026 12:45
BUZZ-Webtoon Entertainment falls after Q2 revenue misses estimates ** Shares of online comics platform Webtoon Entertainment WBTN.O fall 7.4% to $8.75 premarket
** WBTN on Monday reports Q2 rev. of $338.5 mln, missing analysts' avg. est. of $339.5 mln - data compiled by LSEG
** Co reports net loss of $14.6 mln vs. net loss of $3.9 mln in the prior year, driven primarily by increased marketing investment
** As of last close, stock down ~27% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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Webtoon Entertainment falls after Q2 revenue misses estimates