Opera’s Q4 Earnings Highlight: Revenue Up 17% With Strong User Growth

Opera Limited (NASDAQ:OPRA) reported fourth-quarter fiscal 2023 revenue growth of 17% year-on-year to $113.00 million, beating the consensus of $112.2 million.

EPS per ADS of $1.38 beat the consensus of $0.23. The stock price gained after the results.

Opera reached 313 million monthly active users versus 311 million Q/Q. The Opera GX browser user base had 27.8 million users across PC and mobile, up 7% Q/Q.

Search revenue increased by 15% Y/Y to $44.7 million, driven …

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