Opera Limited (OPRA) Misses Q2 EPS by 11c

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Go back to Opera Limited (OPRA) Misses Q2 EPS by 11c

Opera Reports Record Second Quarter 2022 Results

August 30, 2022 7:00 AM EDT

Revenue and adjusted EBITDA both exceeded prior guidance ranges

Q2 revenue grew 29% year-over-year driven by strong product portfolio and growth in high ARPU markets, with adjusted EBITDA margin reaching 21% in the quarter

Company repurchased 1.3 million ADSs during the quarter

Company raises 2022 guidance, expecting 26% revenue growth at an 18% adjusted EBITDA margin at the midpoint

OSLO, Norway, Aug. 30, 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... More