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Opera Limited (NASDAQ: OPRA) is a globally recognized internet brand offering a suite of web browsers for desktop computers, mobile phones, tablets, and TV devices. Founded in 1995 and headquartered in Oslo, Norway, Opera is a public company listed on the Nasdaq. Opera's product lineup includes a variety of PC and mobile browsers such as Opera Mini, Opera Browser for Android and iOS, Opera for Computers, and specialized browsers like Opera GX, tailored for gamers.
Opera is a pioneer in browser technology, featuring innovative tools like tabbed browsing, data savings, PC/mobile sync, ad blocking, and a built-in VPN. Its latest innovation is the beta release of a Web3-centric browser designed for crypto enthusiasts.
In addition to browsers, Opera offers mobile advertising services, content recommendation products through Opera News, and a range of e-commerce solutions. Opera's gaming division includes portals and development tools that enhance the online gaming experience.
Opera's commitment to integrating Artificial Intelligence (AI) into its browsers is evident through its AI-centric browser, Opera One. This browser includes Aria, an AI that supports multiple large language models (LLMs) and features like image understanding and text-to-voice capabilities thanks to integrations with Google's Gemini models.
Recently, Opera announced support for on-device AI models, enabling users to run these models locally on their devices, thus enhancing privacy and reducing the need for server interactions. This feature is available in the developer stream of Opera One as part of its AI Feature Drops program.
Opera's significant partnerships, such as its extended agreement with Google for search distribution, demonstrate its sustained growth and market presence. The company continuously invests in both product development and marketing, driving revenue growth and profitability.
Opera's financial health is robust, with quarterly revenue growth and a positive operating profit. The company also provides detailed financial updates and investor information on its website.
For more information, visit www.opera.com and download the Opera web browsers or explore other Opera products. Stay updated with their latest innovations and developments on their investor relations page and on social media at X @InvestorOpera.
Opera Limited (NASDAQ: OPRA) has launched Opera For Business, a service designed to enhance online visibility for small and medium enterprises (SMEs) in Nigeria. This initiative allows businesses to create online profiles, promoting their offerings via platforms like Google Maps. The service includes digital marketing tools to reach new customers, furthering Opera's partnership with Google My Business. Currently, Opera has over 125 million users in Africa and aims to support SMEs through existing tools like OLeads and OList.
Opera Limited (NASDAQ: OPRA) is set to announce its Q2 2020 financial results on August 20, 2020, before market opening. The results will be available on the investor relations section of Opera's website. Following the earnings release, management will discuss the results during a conference call at 8:00 am EST. Opera boasts over 350 million monthly active users and continues to evolve its offerings beyond web browsers, including AI-powered news services and microfinance solutions.
Opera Limited (Nasdaq: OPRA) announced plans to acquire AB Fjord Bank, pending regulatory approval. This strategic move aims to enhance Opera's fintech operations in Europe, targeting improved personal finance solutions for its user base of over 50 million monthly active users in the region. Previously, Opera entered the fintech arena by acquiring PocoSys in January 2020, and it plans to launch deposit and loan services in Lithuania this summer. The investment for a 9.9% stake was completed on July 3, 2020, with the acquisition of the remaining 90.1% awaiting regulatory clearance.
Opera, the Norwegian browser maker, has integrated Twitter into the sidebar of its desktop browser version 69, making it the first major browser to do so. This update aims to enhance the user experience for Twitter fans, following the earlier addition of built-in Instagram support. According to an Opera survey, 62% of US Twitter users desire easier access to the platform on desktops. As of March 2020, Opera reported a record 73 million unique monthly users.
Opera GX, the first gaming browser, has launched new features including Discord support and a Hot Tabs Killer to enhance the browsing experience for gamers. With a growth of 121% in monthly users since late 2019, Opera GX targets over 1.3 billion PC gamers globally, amidst a booming gaming industry. The new features aim to optimize performance by allowing users to identify and close resource-hungry tabs, and the Force Dark Pages feature helps reduce glare. As of March 2020, Opera has reached 73 million monthly active users.
Opera (NASDAQ: OPRA) announced a significant milestone with its Opera News service reaching over 200 million monthly active users in May, marking a 28% year-over-year growth. This surge is attributed to the expansion of Opera News Hub beyond Nigeria into several African countries, the introduction of the Opera News Lite app, and its role as a vital information source during the Coronavirus pandemic. The platform utilizes advanced AI technologies for personalized content delivery, further establishing Opera's presence in the digital content landscape.
Opera launched Opera Mini 50, a significant upgrade to its Android browser, featuring a revamped user interface for enhanced user experience. This popular browser, utilized by over 100 million monthly users, includes unique functionalities such as data compression, offline file sharing, and a built-in ad-blocker. In 2020, Opera has collaborated with major internet service providers in Africa to provide free daily browsing, addressing accessibility issues in regions with expensive mobile data. Opera serves over 360 million active users globally and is listed on NASDAQ (OPRA).
Opera Limited (NASDAQ: OPRA) issued a statement regarding the U.S. Senate's passage of the Holding Foreign Companies Accountable Act, which could impact trading for firms with auditors not inspected by the PCAOB for three years. The company clarified that its financial statements adhere to International Financial Reporting Standards and are audited by KPMG AS, a PCAOB-registered firm. This arrangement allows the PCAOB to inspect Opera's audit files in Norway. The company also emphasized that forward-looking statements involve risks and uncertainties, and the actual results may differ from expectations.
Opera Limited (NASDAQ: OPRA) has announced that Frode Jacobsen, CFO, and Derrick Nueman, VP of Investor Relations, will participate in two upcoming virtual conferences. They will present at the 15th Annual Needham Virtual Technology & Media Conference on May 20, 2020, at 4:45 p.m. ET, and at the Cowen 2020 Virtual TMT Conference on May 26, 2020, at 9:10 a.m. ET. A webcast of these presentations will be available on Opera's investor relations website. Opera serves over 350 million monthly active users with a variety of internet products and services.
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