Recap: Opera Q2 Earnings

Shares of Opera OPRA fell 8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 426.92% over the past year to ($0.17), which missed the estimate of $0.01.

Revenue of $55,434,000 decreased by 10.19% from the same period last year, which missed the estimate of $61,020,000.

Guidance

Opera hasn't issued any earnings guidance for the time being.

Opera hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 20, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/kvx7oeba

Recent Stock Performance

Company's 52-week high was at $14.94

Company's 52-week low was at $4.60

Price action over last quarter: Up 69.90%

Company Profile

Opera Ltd engages in providing browser and integrated AI-driven digital content discovery and recommendation platforms. The products of the company are Opera browser for computers such as Windows, iOS and Linux and Opera Touch and Opera News. The company operates in four business segments including Browser and News, Fintech, Retail and Other.