Opera Q2 Adj EPADS $0.15 Misses $0.16 Estimate, Sales $94.13M Beat $91.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Opera (NASDAQ:OPRA) reported Q2 earnings of $0.15 per share, missing the analyst consensus estimate of $0.16 by 6.25%. However, this is a 600% increase over losses from the same period last year. The company's quarterly sales of $94.13 million beat the analyst consensus estimate of $91.65 million by 2.71%, marking a 20.94% increase over sales from the same period last year.
August 24, 2023 | 11:05 am
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Opera's Q2 earnings per share missed estimates but sales beat expectations. Earnings are up 600% YoY while sales increased by 20.94% YoY.
While Opera's earnings per share missed the analyst consensus, the company's sales beat expectations. Additionally, both earnings and sales have significantly increased compared to the same period last year. This mixed result may lead to neutral short-term price movement.
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