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Webtoon Entertainment Records $362.8 Million in Q3 Revenue

The Motley Fool +1 · ·by G4L

WBTN
WBTN Webtoon Entertainment Inc
$9.93 +2.69%
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  1. 1WEBTOON Entertainment Inc. reported Q3 revenue of $362.8 million and adjusted EBITDA of $2.2 million.
  2. 2Weekly average CANVAS episode reads by non-English readers increased by nearly 40% during the eight weeks ending in August.
  3. 3The company forecasts revenue growth of 9.0% to 12.0% in Q4 2026.

So what's the key point?

WEBTOON Entertainment Inc. recorded $362.8 million in revenue for the third quarter. As international readers are consuming more content, revenue is expected to grow in the future.

Source The Motley Fool +1 · View original ↗

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