Opera (NASDAQ:OPRA) released its earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, Morningstar.com reports. The business had revenue of $51.28 million during the quarter. Opera updated its FY 2019 guidance to EPS and its Q2 2019 guidance to EPS.

Shares of NASDAQ:OPRA traded up $0.24 during midday trading on Thursday, reaching $9.79. The company’s stock had a trading volume of 143,083 shares, compared to its average volume of 120,559. Opera has a 12-month low of $5.31 and a 12-month high of $15.62.

Large investors have recently added to or reduced their stakes in the company. Anchor Capital Advisors LLC boosted its stake in Opera by 58.7% in the 4th quarter. Anchor Capital Advisors LLC now owns 35,760 shares of the company’s stock worth $199,000 after purchasing an additional 13,220 shares in the last quarter. BlackRock Inc. bought a new position in Opera in the 3rd quarter worth about $4,785,000. Two Sigma Investments LP bought a new position in Opera in the 4th quarter worth about $94,000. Nikko Asset Management Americas Inc. bought a new position in Opera in the 4th quarter worth about $1,180,000. Finally, Virtu Financial LLC bought a new position in Opera in the 4th quarter worth about $71,000. 3.66% of the stock is currently owned by hedge funds and other institutional investors.

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About Opera

Opera Limited, through its subsidiaries, provides mobile and PC web browsers in Ireland, Russia, and internationally. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; Opera News, a personalized news aggregation app; and Okash, a microfinance app.

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