![]() Increased FY ’21 revenue guidance 2nd time this year to $242-247M ( 48% YoY growth at midpoint)Īdjusted EBITDA FY ’21 guidance of $10-$20MĬash, cash equivalent and marketable securities of ~$200MĪfter Seeing good results, reiterated plans to continue investing AEBITDA growth into growth objectives of growing Opera News in Western markets, scaling Dify in additional geographies and new products, and investing in the Opera Gaming division. Following are the highlights from Opera’s Q2 ’21 results.Ĩ7% QoQ Revenue Growth to $60.2M - A beat by $4.1M(7% beat to midpoint)ġ7% sequential increase in revenue - Largest increase since going publicĤ9% sequential increase in Opera News revenue It is now trading at year to date lows and offers significant value upside to patient investors. ![]() To see this long thesis with all graphics, please visit the Google doc: ĭespite stellar Q2’ 21 Earnings, $60M in revenue and yet another revenue guidance raise, Opera stock dropped further to ~$9.
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