Webtoon Entertainment Inc.-Webtoon Entertainment (WBTN) Surpasses Q1 Earnings and Revenue Estimates

Webtoon Entertainment (WBTN) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of$ 0.02 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this online storytelling platform for comics and cartoons would post a loss of$ 0.08 per share when it actually produced a loss of $0.03, delivering a surprise of 62.5 ...