Opera Limited (OPRA) Misses Q3 EPS by 1c; Offers FY23 Revenue Guidance

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Opera Reports Both Revenue and Adjusted EBITDA Above Guidance in its Third Quarter 2023 Results

October 26, 2023 7:01 AM EDT

11th consecutive quarter of 20+% revenue growth, exceeding the high end of previously issued guidance on both revenue and adjusted EBITDA

Delivered $103 million quarterly revenue, with adjusted EBITDA margin of 23%

Raises both revenue and adjusted EBITDA guidance above the previous ranges

Returned $53 million to its shareholders through dividend and share repurchases in the quarter

OSLO, Norway, Oct. 26, 2023 /PRNewswire/ -- Opera Limited (NASDAQ:... More