Opera Ltd. Stock Price, News & Analysis

Opera [NASDAQ: OPRA] has announced that its built-in browser AI, Aria, is now available to all desktop and gaming users, as well as Opera for Android beta users, without requiring a log-in. This change aims to make Aria's features, including Image Generation, Image Understanding, and Page Context mode, more accessible to Opera's wide audience.

Aria utilizes Opera's AI Composer engine, which selects the most suitable model (GPT or Gemini) for user queries. Opera has also invested in a green-energy-powered AI data cluster in Iceland, rated among the world's top 100 supercomputers, to support its AI projects in a cost-effective and sustainable manner.

The company's 'AI Feature Drops' program has allowed for experimentation with cutting-edge AI functionalities, some of which have been integrated into the main version of Opera One. Aria will soon be available without an account on Opera for Android and Opera for iOS, expanding its accessibility across all platforms.

Opera GX, the browser for gamers, has partnered with Riot Games as the Preferred Browser Partner for League of Legends Esports Global Events, starting with Worlds 2024. This multi-year partnership aims to enhance the viewing experience through:

• A Co-Streamer Hub centralizing streaming options
• Exclusive Worlds Unlocked digital drops for Opera GX users
• Custom browser mods themed around LoL characters
• A dedicated 'Riot Corner' with an interactive match directory and calendar

The partnership launches on September 25th, coinciding with Worlds 2024 play-in rounds. Users can download Opera GX to access these features and claim exclusive items at lolesports.com.

Opera (NASDAQ: OPRA), a major browser developer and internet consumer brand, has announced its participation in two upcoming investor conferences:

• Citi's 2024 Global TMT Conference on September 6, 2024, featuring Per Wetterdal, EVP Commercial, in a fireside chat at 1:20 p.m. ET.
• Goldman Sachs Communacopia + Technology Conference on September 9, 2024, with Frode Jacobsen, CFO, presenting at 3:45 p.m. PT.

Live audio webcasts and replays will be available on Opera's investor relations website. Founded in 1995 and headquartered in Oslo, Norway, Opera is publicly listed on Nasdaq under the ticker OPRA. The company focuses on providing innovative web browsing experiences across all devices.

Opera (NASDAQ: OPRA) reported strong Q2 2024 results, exceeding expectations and raising its full-year outlook. Revenue grew 17% year-over-year to $109.7 million, surpassing guidance. Adjusted EBITDA reached $26.6 million, a 24% margin, also above expectations. The company's product lineup was strengthened with the launch of Opera One on iOS and continued AI innovation.

Key financial highlights include:

• Net income of $19.3 million, up 43% year-over-year
• Diluted earnings per ADS of $0.22, a 46% increase
• Advertising revenue grew 20% to $64.6 million
• Search revenue increased 15% to $44.5 million

Opera raised its full-year 2024 guidance, now projecting 17% year-over-year revenue growth and a 24% adjusted EBITDA margin at the midpoints.

Opera has launched Opera One for iOS, its AI-powered flagship browser for iPhone. The new version features a full-screen mobile interface, simplified user commands, and the aesthetics of the award-winning Opera One desktop browser. Key updates include:

1. Bottom Search: A new navigation style shifting the search bar to the bottom for easier one-handed use.
2. Revamped search functionality with predictive chips for faster typing.
3. Swipe to search gesture for quick access to the search bar.
4. Adaptive color scheme that matches webpage colors.
5. Aria: A free, unlimited built-in AI with voice input and image generation capabilities.

The release follows a 63% growth in new users across the EU after the implementation of the DMA's browser choice ballot.

Opera (NASDAQ: OPRA), a major browser developer and internet consumer brand, has announced that it will release its second quarter 2024 financial results on Thursday, August 22, 2024, before the market opens. The earnings release will be available on the company's investor relations website.

Management will host a conference call to discuss the results on the same day at 8:00 a.m. ET. Investors can access the call through various international phone numbers or via a live webcast on the company's investor relations website. This announcement provides an opportunity for investors and analysts to gain insights into Opera's financial performance and future outlook.

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.

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.

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.