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State of the Opera: Q1 2008

June 2, 2008 · by Haavard

The financial result for the first quarter of 2008 were announced today. To summarize: Opera is profitable, has lots of cash, and revenues are growing rapidly in all business segments.

Some highlights:
  • Opera is profitable; revenues growing faster than expenses
  • Record quarter with an overall revenue growth of 57%
  • Expenses 25% up
  • Desktop revenue up 56% due to more users and higher Average Revenue Per User (ARPU)
  • More than 20 million monthly Desktop users
  • 10% growth in Desktop user base since Q4 2007
  • 11.9 million people used Opera Mini in March
  • 20 billion pages viewed through Opera Mini so far
  • Monthly page views through Opera Mini going through the roof
  • Large increase in Opera Mini revenue streams
  • Major new mobile/device customers announced (and more to be announced)
  • Opera has now passed the 500 employees mark (yes, there was cake)

Readers' comments 4

Left under the original article, as archived.

  • kyleabaker2. June 2008, 22:19:42

    great news!
  • Darken3. June 2008, 03:40:37

    More than 20 million monthly Desktop users
    Excellent news!
  • Tamil3. June 2008, 04:50:40

    Originally posted by haavard:

    Opera is profitable; revenues growing faster than expenses
    :up:
  • aaas4. June 2008, 11:38:29

    stocks skyrocketed when the results came..

About this article

Published inA Journal from Behind the Trenches
DateJune 2, 2008
AuthorHaavard
Tagsopera, financials
OriginalInternet Archive