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Opera : reports first quarter 2023 results

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(OPRA)   Report
Opera reports first quarter 2023 results Both revenue and adjusted EBITDA exceeded expectations Q1 revenue grew 39% year-over-year driven by strong product portfolio and growth in high ARPU markets Company announced and began to implement a $50 million buyback program Company affirms 2023 guidance for revenue growth of 22% and adjusted EBITDA growth of 90% with an 18% margin at the midpoint Oslo, Norway, April 28, 2023 – Opera Limited (NASDAQ: OPRA), one of the world’s largest internet consumer brands with hundreds of millions of users worldwide, today announced its unaudited consolidated financial results for the quarter ended March 31, 2023.

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