Opera (OPRA) Announces Quarterly Earnings Results

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Opera (NASDAQ:OPRA) issued its quarterly earnings data on Thursday. The company reported $0.11 EPS for the quarter, Morningstar.com reports. The firm had revenue of $44.67 million for the quarter.

NASDAQ:OPRA traded down $0.52 during mid-day trading on Friday, hitting $6.90. 920,067 shares of the stock traded hands, 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.

Large investors have recently modified their holdings of the stock. Sloane Robinson LLP purchased a new position in Opera during the third quarter valued at approximately $1,539,000. BlackRock Inc. bought a new stake in Opera during the third quarter valued at approximately $4,785,000. FIL Ltd bought a new stake in Opera during the third quarter valued at approximately $4,066,000. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in Opera during the third quarter valued at approximately $14,202,000. Finally, ARK Investment Management LLC bought a new stake in Opera during the third quarter valued at approximately $5,681,000.

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About Opera

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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