- Opera press release ( NASDAQ: OPRA ): Q4 Non-GAAP EPADS of $0.27 beats by $0.07 .
- Revenue of $96.27M (+32.5% Y/Y) beats by $6.03M .
- Opera GX exceeded 20M monthly average users in the fourth quarter, while the total user base increased to 324M.
- Company initially guides $370 - 390 million revenue for 2023 vs $379.26M consensus, at a 20% adjusted EBITDA margin at the midpoint.
- For the first quarter of 2023, Opera expects revenue of $83 million to $85 million vs $81.50M consensus, representing 17% year-over-year growth at the midpoint and reflecting greater seasonality as our advertising revenue has scaled so rapidly. Adjusted EBITDA is expected to be between $17 million and $19 million, representing a 21% margin at the midpoint.
For further details see:
Opera beats Q4 top and bottom line estimates; initiates Q1 and FY23 outlook