Opera Software revenues in 1Q. 2014. increased by 40%

Norwegian company Opera Software announced that its revenue in the first quarter of 2014 grew by 40% year on year and reached the mark of 87 million U.S. dollars. Financial Highlights of the first quarter of 2014 are as follows :


Revenue grew by 40% year on year to U.S. $ 87 million;
Adjusted EBITDA grew by 23% year on year to 22.7 million U.S. dollars;
Free cash flow was $ 13.8 million versus U.S. $ 0.9 million in the first quarter of 2013.
Operational highlights of the first quarter of 2014 :

Mobile Operators : Revenue grew by 47% year on year to 18.6 million U.S. dollars.
Mobile Consumers :
Revenue grew by 84% year on year to 13.7 million U.S. dollars.
The number of users of mobile Opera products increased by 10% year on year to 273.9 million.
The number of users of mobile products Opera on Android grew by 78% year on year to 94.4 million people.
Mobile Advertisers & Publishers :
Revenue grew by 72% year on year to 31.7 million U.S. dollars.
Total number of mobile advertising impressions grew by 24% compared with the first quarter of 2013 and amounted to 187 billion.
Desktop Consumers :
Revenue rose 6% year on year to 18.5 million U.S. dollars.
Users of desktop products Opera decreased by 7% year on year to 51 million people.
Device OEMs : Revenue fell 20% year on year to 4.3 million U.S. dollars.