Opera Moves Q2 Earnings to August 19

Earnings
โดย Insider Monkey·US·Read original
Summary · why it matters

Opera Limited moved its second-quarter earnings release from August 25 to August 19, focusing attention on whether another guidance increase is coming. First-quarter revenue rose 23% to $175.8 million, while adjusted EBITDA increased 30% to $42.0 million, both exceeding the company's guidance. Opera said combined monthly active users for its Android and iOS browsers increased 66% year over year in the U.K. and 40% in the U.S. during the second quarter. The company raised its full-year outlook after the first quarter, projecting revenue of $727 million to $740 million and adjusted EBITDA of $170 million to $174 million. Advertising generated $117.0 million in the first quarter, while query revenue contributed $58.3 million, together accounting for $175.3 million of the company's $175.8 million in quarterly sales.

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