Opera Limited announced exceptional financial results for the first quarter of 2025, with revenue accelerating to $142.7 million, a 40% increase year-over-year, significantly exceeding guidance. Adjusted EBITDA also surpassed expectations at $32.3 million, representing a 23% margin.
Net income for the quarter was $18.3 million, up 23% from the prior year, while adjusted diluted earnings per share increased by 35% to $0.27. The company's strong performance was attributed to the continued scaling of revenue from both its browser products and the Opera Ads platform.
Following this outperformance, Opera significantly raised its full-year 2025 guidance for both revenue and adjusted EBITDA for the second time. Revenue is now projected between $567 million and $582 million, with adjusted EBITDA expected between $135 million and $140 million, reflecting incremental uplifts for the remaining quarters.
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