Opera Limited had 316M MAUs in Q2, Slightly Down QoQ, Annualized ARPU of $1.17, up by 25% YoY
Portfolio Pulse from Benzinga Newsdesk
Opera Limited reported 316 million monthly active users (MAUs) in Q2, a slight decrease quarter-over-quarter. However, the annualized average revenue per user (ARPU) increased by 25% year-over-year to $1.17.
August 24, 2023 | 11:12 am
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NEUTRAL IMPACT
Opera Limited's Q2 report shows a slight decrease in MAUs but a significant increase in ARPU. This could indicate a more profitable user base despite the slight drop in user numbers.
While the slight decrease in MAUs might be seen as a negative, the significant increase in ARPU indicates that Opera Limited is making more money per user. This could offset the impact of the decrease in user numbers and potentially lead to higher profitability. However, it's uncertain how the market will react to these mixed results, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100