Opera Q2: Sales Up 32% To $52.1M; Mobile Surges, Desktop Flat, Google Deal Stays Put

Opera, the Norway-based Internet browser company, today reported Q2 2012 earnings that solidified the company's strength in mobile, and ongoing weakness in desktop usage in the face of competition from Google's Chrome and Microsoft's Internet Explorer browsers: revenues were $52.1 million, up 32% on Q1 2011 and just about beating analyst expectations of $51.5 million. Within that, revenue from mobile consumers was up 168%, while desktop consumers were flat. Net income has dropped to $4.1 million from $5.1 million a year ago. And while we still are hearing no more news on this rumored deal with Facebook, Opera had other (less exciting) news about another partnership with a Silicon Valley giant: it has extended its partnership with Google for it to continue being the default search option on both Opera's mobile and desktop browsers.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Iy158CSk-Iw/

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