WEBTOON (NASDAQ:WBTN) will be reporting earnings after market close. Last quarter, it missed revenue expectations by 1% at $325.7 million, flat year on year. Monthly active users were down 10.1% to 153.4 million. This quarter, analysts expect revenue to grow 6.2% to $340.9 million, with adjusted earnings at $0.02 per share. Peers like Stride and Ziff Davis have already reported Q2 results, with revenue growth of 22.4% and 9.8% respectively. Despite economic uncertainties, WEBTOON is down 2.9% in the last month. Analysts have an average price target of $12.36 compared to the current share price of $9.08.

Read more at Stockstory.org does not belong to any specific media company.: WEBTOON (WBTN) Reports Q2 Results Tomorrow