Opera grows Q4 revenue 25%, driven by mobile advertising

Wednesday 10 February 2016 | 10:19 CET | News
Norwegian mobile operating system company Opera Software reported revenue up 25 percent to USD 193.5 million in the Q4 2015, above its guidance range and versus USD 154.4 million in the year-earlier quarter. Mobile advertising revenue rose by 41 percent to USD 145.4 million, with video ad revenue comprising 60 percent of mobile ad revenue, ten percentage points more than a year ago. Consumer revenue from owned and operated properties rose 24 percent to USD 36.6 million, mobile browser revenue grew 40 percent. Technology licensing revenue declined by 47 percent to USD 11.5 million. Opera

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Categories: Mobile & Wireless
Companies: Opera Software
Countries: World
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