Opera's fourth quarter revenue and adjusted EBITDA expected to exceed guidance; full-year revenue growth surpasses 26%

Core Insights - Opera Limited expects fourth quarter 2025 results to exceed previous guidance for both revenue and adjusted EBITDA [1] - The company anticipates fourth-quarter revenue to surpass $170 million, up from prior guidance of $162 – 165 million, leading to a full-year revenue projection of over $608 million, representing a growth of over 26% or approximately $130 million compared to 2024 [2] - Adjusted EBITDA is expected to exceed the high end of the previous guidance range of $37.5 – 40.5 million, with full-year adjusted EBITDA projected to exceed $141 million [2] Company Performance - The Opera browser is tailored for demanding users, with a high-ARPU Western user base increasing by approximately 2 million users sequentially from Q3 to Q4, providing a strong boost for monetization [3] - The company has raised growth expectations each quarter in 2025 and is pleased to exceed expected financial results, entering Q4 at an unprecedented scale [4] - Opera is benefiting from expanding e-commerce opportunities and its ability to serve user queries through search and partner promotions [4] Future Outlook - The company is optimistic about driving growth through both commercial and product opportunities as it enters 2026 [4] - Fourth quarter 2025 financial results will be announced before the market opens on February 26, 2026, with a conference call scheduled for the same day at 8:00 a.m. ET [5]