Opera Limited announced strong financial results for the second quarter of 2025, with revenue growing 30% year-over-year to $143.0 million, exceeding its guidance range. Adjusted EBITDA also surpassed expectations at $32.1 million, representing a 22% margin.
Net cash flow from operating activities was $33.1 million, representing 103% of adjusted EBITDA, while free cash flow from operations was $29.1 million, or 91% of adjusted EBITDA. Adjusted net income increased by 14% to $23.7 million, and adjusted diluted earnings per share rose 13% to $0.26.
Following this strong performance, Opera yet again raised its full-year 2025 guidance for both revenue and adjusted EBITDA. Revenue is now projected between $585 million and $597 million, with adjusted EBITDA expected between $136 million and $140 million, reflecting continued growth and profitability.
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