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Opera Limited - OPRA STOCK NEWS

Welcome to our dedicated page for Opera news (Ticker: OPRA), a resource for investors and traders seeking the latest updates and insights on Opera stock.

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.

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Opera GX, the gaming browser, has launched a major update to its AI assistant, Aria. This upgrade introduces new features such as image generation using Google's Imagen2, enabling users to create up to 30 unique images daily from text prompts. Additionally, Aria now offers voice output through Google's WaveNet, providing audio responses beneficial for multitasking or accessibility needs.

Aria's capabilities have further expanded to include image understanding, allowing users to upload images and receive detailed contextual information. The chat experience has been enhanced with 'Chat Summary,' summarizing entire conversations, and 'Links to Sources,' giving users contextual links regarding their inquiries.

The update also reworks the Aria Command Line, making it easier to activate via 'ctrl + /' or 'cmd + /' for a smoother user experience. These enhancements aim to provide the gaming community with a more robust and accessible AI assistant, available now for all Opera GX users.

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Opera (NASDAQ: OPRA) declared a semi-annual cash dividend of $0.40 per American Depositary Share (ADS).

The dividend will be paid to shareholders on record as of July 2, 2024, with distributions expected around July 15, 2024. The total dividend amount is approximately $35.4 million, with $27.6 million as cash expense and $7.8 million offset against receivables from Kunlun Tech

This dividend is part of Opera's recurring dividend program.

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Opera [NASDAQ: OPRA] has announced a new feature allowing users to decorate their browser tabs with emojis. This feature, called Tab Emojis, enables users to add emojis to each tab, facilitating better organization and customization of their browsing experience. Users can choose from over a thousand different emojis or select from five pre-selected ones by hovering over a tab. This feature aims to make tabs visually recognizable and help users prioritize important tabs. Opera has a history with emojis, having previously enabled emoji-based web addresses.

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Opera [NASDAQ: OPRA] is set to enhance its flagship browsers, Opera One and Opera GX, with on-device AI capabilities. Initially introduced in April 2024, Opera was the first to support local Large Language Models (LLMs) within a browser. This feature is now moving from early access to full integration across Windows, MacOS, and Linux platforms. Opera's AI will support over 2000 LLM variants from more than 60 families, elevating user privacy by limiting data transfer to servers.

Additionally, Opera's AI, Aria, has gained image understanding capabilities, allowing users to upload and query images. Opera's strategic investments include deploying an NVIDIA H100 AI data cluster and collaborating with Google Cloud to integrate Gemini models. These advancements highlight Opera's commitment to leading AI innovation in the browser market.

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Opera has announced a collaboration with Google Cloud to integrate Gemini models into its Aria browser AI. This will enhance Aria's functionality with image generation and text-to-voice capabilities. The integration utilizes Opera's multi-LLM Composer AI engine to curate the best user experiences by selecting the appropriate model for each task. The collaboration leverages Google's advanced Gemini and Imagen 2 models, providing Opera users with high-performance, current information. The partnership, spanning over 20 years, is now focusing on generative AI to power Opera's browser AI services. Additionally, Opera has opened a green energy-powered AI data cluster in Iceland to support its expanding AI program.

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Opera has launched an Arm-optimized version of its web browser, developed in collaboration with Microsoft's App Assure team and Qualcomm Technologies. This new version, tailored for Windows systems with Arm architecture, promises more than double the speed. It aligns with the upcoming release of products powered by the Snapdragon X Elite platform from Qualcomm Technologies, ensuring users experience a next-generation web browsing experience. Krystian Kolondra, EVP at Opera, emphasized the priority of providing the best experience on cutting-edge Windows devices. This version, available on the developer stream, aims to enhance AI capabilities, improve battery life, and offer a more responsive browsing experience.

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Opera (NASDAQ: OPRA) will have its Chief Financial Officer, Frode Jacobsen, participating in upcoming investor conferences, including the B. Riley Securities 24th Annual Institutional Investor Conference on May 22nd, 2024, and the TD Cowen's 52 Annual Technology, Media and Telecom Conference on May 29th, 2024. Opera, a leading internet consumer brand, focuses on providing the best internet browsing experience across all devices. The company was founded in 1995 and is listed on the Nasdaq stock exchange under the ticker symbol 'OPRA'.

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Opera (OPRA) wins the prestigious iF DESIGN AWARD 2024 for its reimagined desktop browser, Opera One. The browser features innovative architecture, design, and native AI, transforming the web browsing experience. With features like Tab Islands and integrated AI Aria, Opera One offers a unique and immersive browsing experience. This win highlights Opera's commitment to innovation and user-centric products.

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Opera , a major browser developer, corrected a minor XBRL conversion error in an amendment to its annual report for the fiscal year ended December 31, 2023. The error was in note 11 of the financial statements and only affected certain amounts presented with four or five digits after the thousand separators. The amendment does not impact any other parts of the original filing.

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Opera (NASDAQ: OPRA) reported first quarter financial results exceeding expectations, with revenue reaching $101.9 million, a 17% year-over-year increase, and adjusted EBITDA at $24.9 million, a 24% margin. The company raised its full-year revenue guidance to 16% year-over-year growth at a 24% adjusted EBITDA margin. Opera saw strong user growth, with 304 million MAUs, and successful revenue growth in advertising and search categories. The company's innovative AI features and expansion plans contribute to its positive outlook for the year.
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FAQ

What products does Opera Limited offer?

Opera Limited offers web browsers for desktops, mobiles, tablets, and TVs, as well as mobile advertising services, content recommendation products, and e-commerce solutions.

What is Opera One?

Opera One is an AI-centric browser featuring multiple large language models and AI tools, such as image understanding and text-to-voice capabilities.

How does Opera integrate AI into its browsers?

Opera integrates AI through its Aria browser AI, which supports on-device AI models and features like image understanding and text-to-voice capabilities.

What are some unique features of Opera browsers?

Opera browsers offer tabbed browsing, data savings, PC/mobile sync, ad blocking, and a built-in VPN.

What is the latest innovation from Opera?

Opera's latest innovation includes on-device AI support in Opera One, allowing users to run AI models locally for enhanced privacy and performance.

Where is Opera Limited headquartered?

Opera Limited is headquartered in Oslo, Norway.

Is Opera Limited a public company?

Yes, Opera Limited is listed on the Nasdaq stock exchange under the ticker symbol 'OPRA'.

How does Opera contribute to privacy?

Opera enhances privacy by supporting on-device AI models, reducing the need for data to be sent to servers.

What are Opera's recent achievements in AI?

Opera has integrated Google's Gemini models into its Aria AI and started supporting on-device AI models, marking significant advancements in AI capabilities.

Where can I find financial updates about Opera Limited?

Financial updates and reports are available on Opera's investor relations page at https://investor.opera.com.

Opera Limited

Nasdaq:OPRA

OPRA Rankings

OPRA Stock Data

1.03B
176.91M
1.33%
11.05%
3.05%
Software Publishers
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United States of America
Oslo