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For investors, Opera’s Q4 results are a step in the right direction as the company continues with expansion plans
Opera, the software company that owns the widely-used Opera browser and content platform, Opera News, has released its results for the fourth quarter of 2020. The company posted strong results for the quarter with $50.4 million in revenue.
Thatâs an increase of 19% from Q3 when its revenue was $42.4 million. Most of this growth was driven by its search and advertising business which brought in a revenue of $48.9m.Â
It has been able to monetize its platform even more because it is growing its users at a breakneck pace – Opera says it added 29 million users in 2020.
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