Opera Issues Preliminary 2Q15 Financial Results and Updated Financial Guidance for 2015
Opera expects 2Q15 revenue of approximately $146 million, compared with revenue of $100.6 million in 2Q14 and 2Q15 guidance of $145-155 million. Opera expects adjusted EBITDA of approximately $29 million for the second quarter compared to $27 million in 2Q14 and guidance of $29-34 million for the quarter. Opera expects 2Q15 operating cash flow of approximately $31 million compared with operating cash flow of $4.7 million in 2Q14. Opera expects revenue for the full year 2015 of approximately $600-618 million versus $480.8 million for 2014 and prior guidance of $630-650 million. Opera