Opera provides business update - COVID-19 impact
Opera Limited - American Depositary Shares (OPRA)
Last opera limited - american depositary shares earnings: 2/25 07:00 am
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Source: GlobeNewswire
Q1 2020 revenue expected to be approximately $135 million; ahead of guidance and driven by strong results across search, advertising and fintech.Record Opera News monthly active users of over 190 million in March; including record Opera for PC, Opera GX and Opera for Android users.Observing decreased near-term user monetization and implemented measures to meaningfully reduce microlending volumes due to COVID-19.Q1 2020 adjusted EBITDA loss expected at approximately $9 million. Excluding a one-time additional loan loss provision of $27 million related to the COVID-19 impact, adjusted EBITDA would have been within our guided range for the quarter.Our microlending net loan book stood at $43 million at the end of Q1 2020, down from $93 million at the end of 2019. Of the $43 million, $35 million has already been collected thus far in April.Opera is withdrawing full-year 2020 guidance due to uncertainty around COVID-19, but providing additional detail on recent business trends.Opera has a s
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OPRA
News
- Opera browsers now ship with a new generation of AI powered by GooglePR Newswire
- Opera (NASDAQ:OPRA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- MiniPay connects stablecoins to real time payment in Latin America: rolls out PIX, Mercado Pago support at DevConnectPR Newswire
- iOS users benefit from browser alternatives - Opera reports up to 5x growth in key marketsPR Newswire
- Opera to Participate at Upcoming Investor ConferencePR Newswire
OPRA
Earnings
- 10/29/25 - Beat
OPRA
Sec Filings
- 11/7/25 - Form 6-K
- 10/29/25 - Form 6-K
- 10/10/25 - Form 6-K
- OPRA's page on the SEC website