Opera (OPRA) Posts Quarterly Earnings Results
Opera (NASDAQ:OPRA) posted its quarterly earnings data on Thursday. The company reported $0.11 EPS for the quarter, Morningstar.com reports. The company had revenue of $44.67 million during the quarter.
Shares of NASDAQ OPRA traded down $0.52 during trading on Friday, hitting $6.90. The company had a trading volume of 920,067 shares, compared to its average volume of 291,973. Opera has a 12 month low of $6.23 and a 12 month high of $15.62.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of Opera in the third quarter worth about $14,202,000. ARK Investment Management LLC bought a new position in shares of Opera in the third quarter worth about $5,681,000. BlackRock Inc. bought a new position in shares of Opera in the third quarter worth about $4,785,000. FIL Ltd bought a new position in shares of Opera in the third quarter worth about $4,066,000. Finally, Sloane Robinson LLP bought a new position in shares of Opera in the third quarter worth about $1,539,000.
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Opera Limited, through with its subsidiaries, provides mobile and PC browsers worldwide. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; and Opera News, a personalized news aggregation app. Opera Limited has a strategic partnership with Ledger Capital.
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