Opera (OPRA) has released an update.
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Opera Limited has reported impressive financial results for the third quarter of 2024, surpassing revenue expectations with a 20% increase year-over-year to $123.2 million. The company’s adjusted EBITDA also exceeded guidance, achieving a 25% margin, and it has raised both its revenue and EBITDA full-year outlook. Key drivers behind this growth include the successful launch of the Opera One R2 browser and significant advancements in advertising revenue.
For further insights into OPRA stock, check out TipRanks’ Stock Analysis page.
