DonCorleone77 Posted - 1 hour ago

$OPRA Below is an interesting article from Motley Fool published yesterday that helps explain some of the reasoning behind yesterday's dip in OPRA as well as the potential opportunity at this time: "Why Opera Limited Plunged Today" Shares of internet browser company Opera Ltd. (NASDAQ: OPRA) were falling in Thursday trading, down 8.6% as of 2 p.m. ET. Opera reported earnings last night, and while revenue slightly beat expectations, earnings per share (EPS) missed. The company is spending heavily on a new artificial intelligence (AI) cluster, much like other big tech companies are. However, given the big spend on AI, some may have anticipated better second-quarter revenue and earnings guidance. Still, the stock looks quite cheap. Building an AI cluster For Q1, Opera's revenue came in at $101.9 million, up 17% on the year and slightly beating expectations. However, EPS came in at $0.17, below estimates of $0.24. The shortfall was perhaps due to slightly higher expenses but also a much higher tax rate than the prior year. Even outside the income statement, Opera spent much more than some might have thought on its new AI data-center cluster located in Iceland, which ran the company's capital expenditures up to $20.2 million, eating up most of the company's operating cash flow. In the year-ago quarter, the company spent just $318,000 on capital expenditures -- next to nothing. Opera's management also guided for roughly $108 million in revenue in Q2, up 15% relative to the prior year, but for adjusted EBITDA margins to fall to between 22% and 25%. The midpoint is down from the 24.5% EBITDA margin earned in Q1, suggesting spending pressures on profits will persist. Meanwhile, some may have anticipated a quicker revenue acceleration from AI investment. Opera stock looks ridiculously cheap Opera's stock looks very cheap, trading at just around 13 times this year's earnings estimates and less than 11 times next year's estimates. Part of the discount could be due to the company's majority ownership by a Chinese investment consortium, but the company is still headquartered in Norway, where it was founded. Investors are clearly worried about whether the big spending on an AI cluster will result in better revenue growth and long-term profitability, or whether it's just a new cost of doing regular business. While that remains to be seen, Opera still generated free cash flow last quarter even with the spend on the new AI data center. And with mid-teens top-line growth, the stock looks far too cheap at just a low-teens-earnings multiple. Value investors should dig in to Opera.

sfssf Posted - 2 hours ago

$OPRA WITH YESTERDAY DIP WAS A GOOD ENTRY POINT, fundamental wise this is a (very) cheap growth stock. Ai is not yet fully operational, with poor country’s trying to come to alternative and cheaper browser and gamers, designers looking for a browser that fully utilize their capabilities. I find that fair value is 20$ +

monterocky848 Posted - 6 hours ago

$OPRA hey TroyFars; waiting for that sub $11 $$ buy; can get in your channel this time

brandnewstart621 Posted - 10 hours ago

$OPRA undervalued gem here shouls aee nice upswing with googles result

neofeudal Posted - 13 hours ago

$OPRA Isn't it silly if it can EXCEED the company's own guidance range but some analyst who thinks he knows better than the company itself predicts a higher number that it misses? Sorry, I listen to the company. A beat is a beat.

neofeudal Posted - 13 hours ago

$OPRA is a nice sympathy play here. Dropped today even though numbers and guidance up. A good run forming.

HippoCritical Posted - 14 hours ago

$OPRA excellent buy in range here. Will be 15+ in short order if the market stops dumping.

neofeudal Posted - 17 hours ago

$OPRA I was in some, but in more bigly today. Good sales call, good potential, firesale price.

craigyyz Posted - 17 hours ago

$OPRA bought at 13.95, 13.55 and 13.15.

What_the_heck_is_that Posted - 19 hours ago

$OPRA seems like a miss and lowered guidance... that would explain the current price action. Oh wait, it was actually a beat and raise🤦. My mistake. The current price had me thinking it was the opposite. Garbage market. Thanks a lot $META 😒👎

roberts1998 Posted - 20 hours ago

$OPRA overreaction

dflipflop Posted - 20 hours ago

$OPRA loaded more. Still more orders in if you folks going to give them away.

flash9875 Posted - 20 hours ago

$OPRA Oops I forgot opra browser useage is tied to the nasdaq … my bad…

FrankMann2 Posted - 20 hours ago

$OPRA Long term play , buying more

fadedtrader Posted - 20 hours ago

$OPRA don’t let the macro dip fool you, this will be just fine 🦾✅🎉 solid ER not stellar but solid

DonCorleone77 Posted - 21 hours ago

$OPRA Below is a link to an article from the PR Newswire entitled: "Opera Reports First Quarter Results Ahead of Expectations, Raises Full Year Outlook" Sub-Titles include: -- First quarter revenue of $101.9 million, +17% year-over-year growth and exceeding the guidance range -- First quarter adjusted EBITDA at $24.9 million, a 24% margin and also exceeding the guidance range -- High pace of innovation with continuous AI feature drops and taking advantage of our new AI data cluster in Iceland -- Company increases full-year revenue guidance to 16% year-over-year growth at a 24% adjusted EBITDA margin at the midpoints https://finance.yahoo.com/news/opera-reports-first-quarter-results-110000702.html

OpenOutcrier Posted - 21 hours ago

$OPRA (-3.7% pre) Opera Reports First Quarter Results Ahead of Expectations, Raises Full Year Outlook https://finance.yahoo.com/news/opera-reports-first-quarter-results-110000702.html

craigyyz Posted - 21 hours ago

$OPRA looks like the PM dip is purely due to Nasdaq weakness.....good time to add as ER was rock solid. Just picked up another 500 @13.95

chu954 Posted - 21 hours ago

$OPRA what is going on with the pre-market? We beat and have strong year end guidance.

DonCorleone77 Posted - 21 hours ago

$OPRA I believe @NeedToQuitMyJob is correct and the Q1 earnings appear to be $101.9M which would be a slight beat. There seems to be an error from my feed. If there is a formal correction issued I will also post it but, again, I think NTQMJ is correct.

david999957 Posted - 22 hours ago

$OPRA Raised guidance, I'm buying more. Thanks for the gift.

NeedToQuitMyJob Posted - 22 hours ago

$OPRA What do we make of it?

DonCorleone77 Posted - 22 hours ago

$OPRA Opera sees FY24 revenue $454M-$465M, consensus $457.43M Sees FY24 adjusted EBITDA $106M-$110M.

DonCorleone77 Posted - 22 hours ago

$OPRA Opera sees Q2 revenue $107M-$109M, consensus $107.74M Adjusted EBITDA is guided to be $22M-$25M, or a 22% margin at the midpoints.

DonCorleone77 Posted - 22 hours ago

$OPRA Opera reports Q1 EPS 17c, consensus 24c Reports Q1 revenue $87.05M, consensus $100.13M. "We are off to a strong start to the year with revenue and profitability coming in ahead of expectations. We are able to drive this outperformance by focusing on innovating new features that are valued by users, globally," said co-CEO Lin Song. "I am particularly proud of our ability to move rapidly in the area of generative AI, with our feature drops now allowing our users to run large language models locally on their own machines as an integrated experience in Opera One. As evidenced by the strong user growth of Opera GX as well as the significant lift in new iOS users in the EU following the Digital Markets Act, Opera's consumer awareness continues to grow among high-ARPU users that are increasingly looking for a differentiated alternative to system default browsers," continued Song.

epsguid Posted - 22 hours ago

$OPRA reported earnings of $0.17, consensus was $0.15 via @eWhispers #epsbeat http://eps.sh/d/opra

Stock_Titan Posted - 23 hours ago

$OPRA Opera Reports First Quarter Results Ahead of Expectations, Raises Full Year Outlook https://www.stocktitan.net/news/OPRA/opera-reports-first-quarter-results-ahead-of-expectations-raises-29td298q1u4f.html

BuyOnRedSellOnGreen Posted - 1 day ago

$OPRA the first earnings call, in I don’t know how long, where I haven’t been prepared

LynchpinTrading Posted - 1 day ago

$OPRA

DonCorleone77 Posted - 1 day ago

@MaverikIT @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC $OPRA Earnings tomorrow pre-market. Anyone follow this one and/or have any thoughts?