Naver Corp (035420) Earnings: 3Q Consolidated Operating Profit Surpasses Estimates

Naver Corp on Smartkarma

Douglas Kim, an independent analyst on Smartkarma, recently published two research reports on Naver Corp. In the first report, Kim covered Naver’s plan to list its Naver Webtoon on the NASDAQ in 2024. Kim noted that Naver Webtoon currently generates half of its transactions in Japan, 30% in Korea, and the rest in North America and other regions. Naver Corp‘s Content unit, which includes Naver Webtoon, reported 40.1% year-over-year revenue growth in the second quarter of 2023. Kim’s second report focused on Naver’s key drivers of higher sales in North America, such as Poshmark and Gen Z. Kim also noted that the total transaction amount of Naver Commerce was 11.6 trillion won in the first quarter of 2023, and that Poshmark achieved positive EBITDA in the same quarter. Kim’s overall sentiment for Naver Corp is bullish.

Smartkarma provides an independent platform for investors to access the latest research on companies like Naver Corp. With Kim’s two reports, investors can stay up-to-date on Naver’s plans to list Naver Webtoon on the NASDAQ in 2024, as well as Naver’s key drivers of higher sales in North America. Investors can also benefit from Kim’s bullish sentiment on the company.

A look at Naver Corp Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Naver Corp., a leading provider of web portal services, including search engine, online game, and content development, has been given an overall outlook of 4 out of 5 by Smartkarma Smart Scores. This indicates that Naver Corp. is well-positioned to grow and thrive in the long-term. The scores for Value, Growth, and Resilience are all 3 out of 5, while Momentum is the highest score of 5 out of 5. This indicates that Naver Corp. is likely to continue to experience strong momentum in the future.

The overall outlook from Smartkarma Smart Scores suggests that Naver Corp. is well-positioned to continue to offer great value and growth for its customers. With a high rating for resilience, Naver Corp. is also likely to be able to weather any potential market fluctuations. With a top score of 5 for Momentum, Naver Corp. is set to remain a leader in the web portal services market for the foreseeable future.

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