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Stock impact report

Opera Limited announces third quarter 2019 financial results

Opera Limited - American Depositary Shares (OPRA) 
Last opera limited - american depositary shares earnings: 2/25 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Revenue of $93.7 million, growth accelerating to 119% year-over-year; exceeding the top end of Opera’s guidance range Monthly active users averaging 232 million for smartphone (up 18% YoY) and 68 million for PC (up 16% YoY)Opera News users grew 39% to over 169 million monthly active users year-over-year; dedicated news app increased to 41 million monthly active usersOpera’s microlending business more than tripled revenue versus the second quarter; driven by 5M loans totaling more than $250 million in total loan valueOList, our recently launched classifieds offering, reached 1 million listings within three months of launchNet income of $28.1 million, supported by a non-cash OPay valuation gainAdjusted EBITDA of $12.6 million, representing significant margin expansion versus the prior quarterRaising 2019 revenue guidance range to $300 to $310 million, representing 77% growth at the midpoint versus 2018 OSLO, Norway, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: Show less Read more
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