Opera (OPRA) Q1 2026 Earnings Transcript
Opera (OPRA) reported Q1 2026 earnings with revenue of $176 million, a 23% year-over-year increase, and adjusted EBITDA of $42 million, exceeding guidance. Advertising revenue reached $117 million, while query revenue was $58 million. The company added 4 million users, bringing total monthly users to 288 million. Full-year revenue guidance was raised to $727-$740 million. A $300 million buyback program was initiated, and a dividend of $0.40 per share was paid. Management emphasized strong AI user engagement and ongoing operational resilience, marking the 20th consecutive quarter of Rule of 40 compliance.
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