Opera (OPRA) Releases Quarterly Earnings Results

Opera (NASDAQ:OPRA) released its quarterly earnings data on Thursday. The company reported $0.11 EPS for the quarter, Morningstar.com reports. The business had revenue of $44.67 million for the quarter.

Shares of Opera stock traded down $0.52 during trading on Friday, hitting $6.90. 920,067 shares of the company’s stock traded hands, compared to its average volume of 291,973. Opera has a 1 year low of $6.23 and a 1 year high of $15.62.

Several institutional investors have recently added to or reduced their stakes in OPRA. Sloane Robinson LLP bought a new position in Opera in the third quarter valued at about $1,539,000. Sumitomo Mitsui Trust Holdings Inc. bought a new position in Opera in the third quarter valued at about $14,202,000. ARK Investment Management LLC bought a new position in Opera in the third quarter valued at about $5,681,000. BlackRock Inc. bought a new position in Opera in the third quarter valued at about $4,785,000. Finally, FIL Ltd bought a new position in Opera in the third quarter valued at about $4,066,000.

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Opera Company Profile

Opera Limited, through with its subsidiaries, provides mobile and PC browsers worldwide. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; and Opera News, a personalized news aggregation app. Opera Limited has a strategic partnership with Ledger Capital.

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