Opera Limited ((OPRA)) has held its Q3 earnings call. Read on for the main highlights of the call.
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Opera Limited’s recent earnings call conveyed a positive sentiment, underscoring the company’s robust financial performance, innovative product launches, and strategic growth initiatives. Despite facing some challenges due to currency fluctuations, Opera has achieved new records in revenue and adjusted EBITDA, and has been acknowledged for its impressive growth trajectory.
Record Revenue and Growth
Opera Limited reported a record-breaking $152 million in revenue for the third quarter, marking a 23% increase year-over-year. The company’s annualized Average Revenue Per User (ARPU) also saw significant growth, crossing $2 per user and reflecting a 28% increase compared to the previous year.
AI and Browser Innovation
In a move to enhance user experience, Opera launched Opera Neon, a premium subscription-based browser integrated with AI assistant functionality. This innovation is designed to improve user interaction through task-based AI operations, showcasing Opera’s commitment to staying at the forefront of technological advancements.
Strong Financial Performance
Opera’s adjusted EBITDA reached a new quarterly record of $36.3 million, with a margin of 24%. This achievement highlights the company’s strong financial health and operational efficiency.
Recognition for Growth
Opera’s impressive growth has not gone unnoticed, as the company was named in Fortune Magazine’s 2025 list of the 100 fastest-growing companies. This recognition underscores Opera’s successful strategies and market positioning.
MiniPay Expansion
The company’s MiniPay service experienced substantial growth, with noncustodial wallets surpassing 10.5 million and transactions nearing 310 million. This expansion reflects Opera’s ability to scale its services effectively.
Opera GX User Base and Revenue Growth
Opera GX, the company’s gaming browser, ended the quarter with 33 million users and achieved a new ARPU record of $3.69 on an annualized basis. This growth highlights the browser’s increasing popularity and revenue-generating potential.
Currency Fluctuations Impact
Despite the overall positive performance, Opera faced challenges due to the weakening of the U.S. dollar against major salary currencies, which posed a headwind to the company’s financial results.
Forward-Looking Guidance
Looking ahead, Opera Limited provided optimistic guidance for the remainder of the fiscal year. The company raised its revenue guidance to over $600 million, representing a 25% growth. Opera also emphasized its strategic positioning in the AI-driven browser space and the growth of its e-commerce advertising segment, which now constitutes about half of its advertising revenue.
In conclusion, Opera Limited’s earnings call reflected a strong and positive outlook, with the company achieving record revenues and demonstrating significant growth across various segments. The launch of innovative products like Opera Neon and the expansion of services such as MiniPay underscore Opera’s commitment to maintaining its growth trajectory and market leadership.