Opera sees rising Q2 revenues as Q1 hits expectations
OSLO, April 30
OSLO, April 30 (Reuters) - Norwegian mobile browser maker Opera Software expects rising revenues in the second quarter to some $70-74 million, as it reported first-quarter earnings that were roughly in line with expectations on Tuesday.
Its earnings before interests and taxes profit rose to $12.8 million compared with $11.6 million at the same time last year, hitting expectations for $12.5 million seen in a Reuters poll of analysts.
Opera's revenues in the first quarter were $62 million, roughly in line with expectations with a Reuters poll of analysts that had anticipated $60.6 million.
The company kept its revenue and earnings guidance unchanged for 2013. (Reporting by Gwladys Fouche)
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