Opera Reports 29% Revenue Growth in the Fourth Quarter 2024, Exceeding Guidance Ranges for both Revenue and Adjusted EBITDA
Portfolio Pulse from
Opera Limited reported a 29% revenue growth in Q4 2024, surpassing guidance for both revenue and adjusted EBITDA. The company achieved $145.8 million in revenue and $33.0 million in adjusted EBITDA for the quarter. For the full year 2024, revenue grew 21% to $480.6 million with an adjusted EBITDA of $115.3 million. Opera projects Q1 2025 revenue of $130–133 million and adjusted EBITDA of $28–30 million.
February 27, 2025 | 12:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Opera Limited reported strong financial results for Q4 2024, with revenue and adjusted EBITDA exceeding guidance. The company continues to grow its browser and ad monetization business, projecting further growth in Q1 2025.
Opera's strong Q4 2024 results, with revenue and EBITDA exceeding expectations, indicate robust business performance. The company's growth in high-ARPU segments and ad monetization, along with positive Q1 2025 guidance, suggest a likely positive impact on stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100