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 develops consumer internet software centered on mobile and desktop browsers, including Opera One, Opera GX and Opera Neon, with integrated AI features for web navigation and browser-based workflows. News about OPRA commonly covers product releases such as Browser Connector and MCP Connector, updates to its agentic AI browser strategy, and adjacent services including Opera Ads, Opera News and the MiniPay self-custodial wallet.
Company updates also cover quarterly and annual results, advertising and query revenue trends, adjusted EBITDA guidance, capital-return actions involving American depositary shares, annual report filings, and governance matters for the Nasdaq-listed foreign issuer.
Opera Limited (NASDAQ: OPRA) reported a strong Q2 2021, achieving a revenue of $60.2 million, an 86.7% increase year-over-year. Net income rose to $44.3 million, up 158.4% from Q2 2020. The company raised its full-year revenue guidance to $242-$247 million, reflecting a 48% year-over-year growth. Core search and advertising revenue soared by 94%, driven by browser and news performance. Opera anticipates Q3 revenue between $63-$65 million and expects adjusted EBITDA to break even, signaling continued growth momentum.
Opera Limited (NASDAQ: OPRA) will disclose its second quarter 2021 financial results before the market opens on August 12, 2021. The results will be available on the investor relations website. A conference call to discuss the results is scheduled for the same day at 8:00 am EST. Participants can join via the website or dial in using various international numbers provided in the release. Opera is recognized globally for its web innovation, serving millions of users worldwide.
Opera GX, the world's first gamer-focused browser, has launched the Opera GX Game Jam 2021, inviting creators to design an offline game for its browser. The competition offers cash prizes totaling $20K for the top three entrants, with the winning game becoming the first playable experience on Opera GX's offline page. Submissions open on July 29. The event is supported by GameMaker Studio 2 and Game Jolt, catering to a community of over 9 million engaged users. This initiative aims to enhance user experience during internet outages.
Dify, a cashback service launched by Opera, is now available in Opera GX and as a browser extension for Chrome and Firefox. Users can earn cashback while shopping, with a new feature called Hot Deals offering up to 5 times higher cashback. Since its launch, Dify has partnered with over 400 merchants in Spain, including Media Markt and Booking. Users can receive payouts via PayPal and enjoy cashback within 30 days, reducing the industry average significantly. This initiative aims to enhance online shopping rewards for users and expand into more European markets.
Opera (NASDAQ: OPRA) has launched the world's first alternative browser optimized for Chromebooks, offering unique features like a free, unlimited no-log VPN, built-in messengers, and ad blockers. The Chromebook market is booming, with 30 million units sold in 2020 and an expected 40 million in 2021. Opera's browser aims to enhance the user experience on these devices, providing functionalities like a crypto wallet and color themes. This development expands Opera's ecosystem across major operating systems, meeting the growing demand for diverse browsing options.
Opera (NASDAQ: OPRA) and Gala Games are collaborating to mint carbon-neutral NFTs, auctioned for charity, set to begin on July 12, 2021. The auction will feature 8 exclusive Ethereum-based NFTs, with all proceeds going to Mercy Corps. This partnership aims to empower players by allowing them true ownership of in-game assets while promoting charitable giving through the gaming community. Additionally, the collaboration includes the introduction of 'Grand Sanctuary' buildings in the game 'Mirandus,' designed to support new players and facilitate in-game charitable contributions.
Opera Limited (NASDAQ: OPRA) has filed an amendment to its annual report for the fiscal year ending December 31, 2020, with the SEC. This amendment includes the audited financial statements of NanoCred Cayman Company Limited (Nanobank), which will be filed by June 30, 2021. The original annual report remains unchanged. Stakeholders can access the report on Opera's investor relations website or the SEC's site. Hard copies are available upon request.
Opera (NASDAQ: OPRA) announced its integration of Celo's stablecoins, Celo Dollar (cUSD) and Celo Euro (cEUR), into its Crypto Wallet, allowing millions of users to transact easily. This strategic move aims to enhance financial accessibility for users in regions like Africa, LATAM, and the Philippines, where financial services are limited. The integration supports a mobile-first approach, aligning with Opera's previous efforts in blockchain technology since 2018. Users can now manage cUSD and cEUR alongside other cryptocurrencies like Bitcoin and Ethereum, fostering a broader financial ecosystem.
Opera has released a significant update to its desktop browser, codenamed R5, in response to changing web usage patterns during the pandemic. Key features include improved video conferencing capabilities with a new popout feature for major platforms like Zoom and Google Meet, and the introduction of a virtual pinboard for idea sharing. The update also expands access to music streaming services like Deezer and Tidal. With over 65% of users spending more time online, these enhancements aim to improve multitasking and user experience.
Opera, the first browser with Web 3 capabilities, announced its integration with Nervos, a leading blockchain, to support the CKB$ crypto asset through its native crypto wallet. This partnership will provide Opera users with access to Nervos dApps and allow for seamless transactions of CKB tokens within the browser. Nervos becomes the fourth blockchain supported by Opera, joining Bitcoin, Ethereum, and TRON. The collaboration aims to enhance user experiences in the crypto space and promote mainstream adoption of Web 3 applications.