(Adds Outlook)
For the second quarter, Opera Limited (OPRA) expects revenue in the range of $107 million-$109 million.
On average, 4 analysts polled by Thomson-Reuters expect the company to report revenue of $100.13 million.
For the full year of 2024, Opera now guides revenue to be $454 million - $465 million. This compares with the previous guidance of $450 million-465 million. The consensus estimate stands at $457.43 million.
Q1 Results:
Opera Limited (OPRA) announced a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $14.84 million, or $0.08 per share. This compares with $15.48 million, or $0.09 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.0% to $101.87 million from $87.05 million last year.
Opera Limited earnings at a glance (GAAP) :
-Earnings (Q1): $14.84 Mln. vs. $15.48 Mln. last year.
-EPS (Q1): $0.08 vs. $0.09 last year.
-Revenue (Q1): $101.87 Mln vs. $87.05 Mln last year.
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