Webtoon Entertainment Q3 Adj. EPS $0.04 Beats $(0.12) Estimate, Sales $378.041M Miss $385.081M Estimate

Webtoon Entertainment (NASDAQ: WBTN) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $(0.12) by 132.26 percent. This is a 81.82 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $378.041 million which missed the analyst consensus estimate of $385.081 million by 1.83 percent. This is a 8.66 percent increase over sales of $347.915 million the same period last year.