Opera Ltd Expects FY23 Revenue of $394M-$397M (Prior $380M-$390M) Vs. $386.89M Est., Q4 Revenue $110M-$113M (Prior $102M-$109M) Vs. $107M Est.
Portfolio Pulse from Benzinga Newsdesk
Opera Ltd has raised its revenue guidance for FY23 to $394M-$397M, up from the previously issued $380M-$390M. The company also increased its Q4 revenue guidance to $110M-$113M, up from $102M-$109M. Adjusted EBITDA for FY23 is expected to be $88M-$90M, and for Q4, it is guided to be $22M-$24M.
October 26, 2023 | 11:17 am
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Opera Ltd has increased its revenue and EBITDA guidance for FY23 and Q4, which may positively impact its stock price.
Opera Ltd's increased revenue and EBITDA guidance for FY23 and Q4 indicates strong financial performance and growth, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
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