Opera Limited ( (OPRA) ) has released its Q2 earnings. Here is a breakdown of the information Opera Limited presented to its investors.
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Opera Limited, a prominent global browser and AI agent company, is known for its innovative web browsing solutions and AI-powered services. In its latest earnings report, Opera Limited reported a 30% year-over-year revenue growth, reaching $143 million, surpassing its guidance range. The company’s adjusted EBITDA also exceeded expectations, standing at $32.1 million with a 22% margin. Key drivers of this growth include strong performance in AI-powered advertising, particularly in e-commerce, and a notable increase in search revenue. Opera’s strategic initiatives, such as the launch of Opera Neon, a new AI-integrated browser, and the expansion of its MiniPay wallet, have contributed to its robust financial performance. Looking ahead, Opera has raised its full-year guidance, anticipating revenue between $585 million and $597 million, with a 23% adjusted EBITDA margin. The company remains optimistic about its growth prospects, driven by its innovative product offerings and expanding user base.