Brief: Opera Software sets "medium-term" goal to double sales to more than $1 billion
30/03/2017 06:03
March 30 (Reuters) - Opera Software Asa OPERA.OL
* Maintains 2017 target of revenues $550 million-$650
million, up from $537 million in 2016
* Maintains 2017 target of adjusted ebitda $50 million-$70
million, corresponding to an ebitda margin of 9-11 percent
* Says medium-term ambition is for revenue to exceed $1
billion, adjusted ebitda margin of about 15 percent
Source text for Eikon: urn:newsml:reuters.com:*:nWkrvvpV9
Further company coverage: OPERA.OL
(Reporting By Terje Solsvik)
((terje.solsvik@thomsonreuters.com;))