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

Opera

24/08/2023 14:33

* Opera Ltd  OPRA.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 20.9% to $94.13 million from a year ago;
analysts
expected $91.65 million. 
    * Opera Ltd's reported EPS for the quarter was 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 3.1%
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 fallen by 24.1% this quarter and
gained 169.2% so far this year.
    * The company reported quarterly net income of $13.54
million.
    * Wall Street's median 12-month price target for Opera Ltd
is
$21.50 
    * 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 LSEG Refinitiv data
August 24 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.17           0.16           Missed
 Mar. 31 2023      0.15           0.19           Beat
 Dec. 31 2022      0.17           0.27           Beat
 Sep. 30 2022      0.11           0.10           Missed