Opera jumps on lifting annual revenue forecast

Opera

28/04/2025 12:23

** Norway-based web browser developer Opera's OPRA.O shares jump 9.5% to $17 premarket

** OPRA now expects full-year 2025 revenue to be between $567 mln and $582 mln, compared with its prior expectation of $555 mln to $570 mln

** Also raises annual adjusted EBITDA forecast to $135 mln-$140 mln

** Co forecasts Q2 revenue between $134 mln and $138 mln vs analysts' average estimate of $134.1 mln - LSEG-compiled data

** Q1 revenue rises 40% from a year earlier to $142.7 mln

** Up to last close, stock down ~18% so far this year

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))