Naver Reports Weaker Q1 2026 Earnings Amid Heavy AI Investments
South Korean internet giant Naver posted mixed first-quarter results on April 29, 2026. While revenue and operating profit grew, net profit declined sharply due to rising costs from aggressive AI expansion. Financial Highlights Net profit fell 31% year-over-year to 291 billion won ($195.5 million), missing analyst consensus estimates of 512.81 billion won. Revenue rose 16% […]