Opera Limited announced robust financial results for the fourth quarter of 2024, with revenue accelerating to $145.8 million, a 29% increase year-over-year, exceeding guidance. Adjusted EBITDA also surpassed expectations at $33.0 million, representing a 23% margin.
For the full year 2024, revenue grew 21% year-over-year to $480.6 million, and adjusted EBITDA reached $115.3 million, both significantly above initial and raised expectations. Adjusted net income for Q4 was $24.8 million, up 17% year-over-year.
The company provided strong guidance for the first quarter of 2025, projecting revenue of $130-$133 million, representing 29% growth. Opera also anchored its initial full-year 2025 guidance to a higher range, with revenue expected between $555 million and $570 million and adjusted EBITDA between $132 million and $138 million.
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