Opera Ltd reports results for the quarter ended in June - Earnings Summary

Opera

30/08/2022 14:32

* Opera Ltd  OPRA.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 29.4% to $77.83 million from a year ago;
analysts
expected $71.78 million. 
    * Opera Ltd's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Opera Ltd shares had risen by 11.1% this quarter and
lost 30.6%
so far this year.
    * The company reported a quarterly loss of $5.84 million.
    * Wall Street's median 12-month price target for Opera Ltd
is
$11.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 30
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.07           -0.03          Missed
 Mar. 31 2022      -0.02          -0.10          Missed
 Dec. 31 2021      0.09           -0.68          Missed
 Sep. 30 2021      0.00           0.26           Beat