Opera LimitedNASDAQ: OPRA

Opera stock price has staged a strong comeback in the past few months as the company has continued to report strong financial results. The OPRA share price surged to $19.93, its highest level since July 2023.

Key Takeaways: Opera GX rolls out its most immersive update since its 2019 debut A refreshed design language and expanded modding universe takes Opera GX to a new level Unlocks deeper personalization options to tailor every detail to your style OSLO, Norway , Nov. 20, 2024 /PRNewswire/ -- Opera [NASDAQ: OPRA] has unveiled a major facelift for Opera GX - a browser for gamers, featuring a bold new design language, an expanded modding universe, and numerous quality-of-life enhancements. With this update , Opera GX gives users complete freedom to personalize every detail, letting you shape your browser to perfectly match your style.

Opera Limited presents strong fundamentals, promising expansion prospects, and a favorable valuation, making it a standout AI-related investment with medium-term growth potential. Opera Limited's fiscal Q3 2024 results reflected an outstanding financial and operational performance, supported by strategic growth initiatives and a focus on high-value users. Despite potential risks, the combination of Opera's market position and AI advancements offers a compelling investment opportunity.

OPRA's FQ3'24 performance hints at the potential growth acceleration from H1'24 levels, thanks to its improved monetization in Western regions. This is on top of the recently refreshed Opera One for the iOS browser, with it already contributing to the robust "inflow of new iOS users at +33%." OPRA is likely to record another beat performance in FQ4'24, building upon the 14 consecutive quarters of Rule of 40 financial outperformance across revenue and EBITDA growth.

Opera posted strong results in the third quarter, showing signs of improvement in the struggling digital-advertising market.

Revenue grew 20% year-over-year to $123.2 million, and exceeded the guidance range Adjusted EBITDA of $30.8 million, a 25% margin, also exceeded the guidance range Launched Opera One R2, a reimagined and updated version of Opera's flagship browser, bringing improvements to AI, tab management and multimedia Raises both revenue and adjusted EBITDA full-year guidance, now at 19% year-over-year growth at the midpoint with a corresponding increase in adjusted EBITDA expectations  OSLO, Norway , Oct. 29, 2024 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, today announced financial results for the quarter ended September 30, 2024. "The third quarter of 2024 demonstrated the sustained growth performance of our business, with an acceleration of revenue growth well beyond our expectations fueled by our ability to promote our advertising partners to an engaged and increasingly valuable user base.

Opera Limited (NASDAQ:OPRA ) Q3 2024 Results Conference Call October 29, 2024 8:00 AM ET Company Participants Matt Wolfson - Head of IR Song Lin - Co-CEO Frode Jacobsen - CFO Conference Call Participants Naved Khan - B. Riley Securities Lance Vitanza - TD Cowen Mark Argento - Lake Street Alicia Yap - Citi Operator Welcome to the Opera Limited Third Quarter 2024 Earnings Call.

Does Opera Limited Sponsored ADR (OPRA) have what it takes to be a top stock pick for momentum investors? Let's find out.

OSLO, Norway , Oct. 16, 2024 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA), one of the world's major browser developers and a leading internet consumer brand, announced today that the company's third quarter 2024 financial results will be released before the market opens on Tuesday, October 29, 2024. The earnings release will be available on the investor relations section of our website at investor.opera.com.