Brief: Opera Reports Q1 Revenue Up 22%

Opera

27/04/2023 12:31

April 27 (Reuters) - Opera Ltd  OPRA.O :
    * OPERA REPORTS BOTH REVENUE AND ADJUSTED EBITDA ABOVE
GUIDANCE IN
ITS FIRST QUARTER 2023 RESULTS
    * OPERA LTD - Q1 REVENUE GREW 22% YEAR-OVER-YEAR, WITH AN
ADJUSTED
EBITDA MARGIN OF 25%
    * OPERA LTD - COMPANY RAISES MIDPOINT OF REVENUE GUIDANCE
AND
ADJUSTED EBITDA EXPECTATIONS FOR 2023
    * OPERA LTD - FOR FULL YEAR OF 2023, OPERA IS RAISING LOW
END OF
ITS PREVIOUSLY ISSUED GUIDANCE OF REVENUE TO BE $373 MILLION TO
$390 MILLION
    * OPERA LTD - SEES 2023 ADJUSTED EBITDA TO NOW BE BETWEEN
$77
MILLION AND $83 MILLION
    * OPERA LTD - FOR Q2 OF 2023, OPERA EXPECTS REVENUE OF $92
MILLION
TO $94 MILLION
    * OPERA LTD - SEES Q2 ADJUSTED EBITDA IS EXPECTED TO BE
BETWEEN
$18 MILLION AND $20 MILLION

Source text for Eikon:  ID:nPn4Qf9mPa 
Further company coverage:  OPRA.O 

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