Opera Limited (OPRA) Misses Q1 EPS by 10c

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Go back to Opera Limited (OPRA) Misses Q1 EPS by 10c

Opera reports first quarter 2022 results

April 28, 2022 7:00 AM EDT

Both revenue and adjusted EBITDA exceeded expectations

Q1 revenue grew 39% year-over-year driven by strong product portfolio and growth in high ARPU markets

Company announced and began to implement a $50 million buyback program

Company affirms 2022 guidance for revenue growth of 22% and adjusted EBITDA growth of 90% with an 18% margin at the midpoint

OSLO, Norway, April 28, 2022 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced its unaudited consolidated financial results for the quarter... More