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Opera jumps on lifting annual revenue forecast

ReutersApr 28, 2025 11:23 AM

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

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