Opera Q3 EPADS $0.08 Vs. $0.18 YoY, Sales $102.64M Beat $99.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Opera's Q3 earnings per share (EPS) was $0.08, down from $0.18 year over year (YoY). However, the company's sales of $102.64M beat the estimate of $99.70M.
October 26, 2023 | 11:08 am
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Opera's Q3 EPS decreased YoY, but sales exceeded estimates. This mixed result could lead to uncertain market reactions.
Opera's lower EPS indicates decreased profitability, which could negatively impact the stock. However, the higher-than-expected sales suggest strong performance, which could positively impact the stock. The mixed results make the short-term impact uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100