Opera (NASDAQ:OPRA) First Quarter 2024 Results

Key Financial Results

• Revenue: US$102.2m (up 17% from 1Q 2023).
• Net income: US$14.8m (down 4.1% from 1Q 2023).
• Profit margin: 14% (down from 18% in 1Q 2023).
• EPS: US$0.17 (down from US$0.17 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Opera Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 8.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Opera you should be aware of.

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