Opera Ltd-Adr (NASDAQ:OPRA) Beats Revenue Estimates and Raises Outlook in Mixed Q3 2025

OPERA LTD-ADR (NASDAQ:OPRA) has reported third-quarter 2025 financial results that surpassed analyst revenue expectations, though earnings per share came in below consensus estimates. The company's performance and subsequent upward revision to its full-year outlook have generated a significant positive reaction in pre-market trading.

Earnings Versus Estimates

The browser company delivered a mixed performance against analyst forecasts for the quarter. While the top-line figure demonstrated considerable strength, the bottom-line result did not meet expectations.

• Revenue: Reported $151.94 million, exceeding the analyst estimate of approximately $151.09 million.
• Earnings Per Share (Non-GAAP): Reported $0.30, falling short of the estimated $0.35.

The revenue beat, representing a 23% year-over-year increase, indicates robust demand for Opera's browser and AI-driven content discovery platforms. The miss on EPS, however, suggests that profitability did not scale at the same pace as revenue growth during the period, potentially due to investments in operations or other cost factors.

Market Reaction

The immediate market response to the earnings report has been decisively positive. Shares of Opera are trading approximately 5% higher in the pre-market session. This upward move represents a sharp reversal from the stock's recent trajectory, which had seen a decline of nearly 25% over the past month. Investors appear to be focusing primarily on the strong revenue growth and the company's raised guidance, viewing these positives as outweighing the earnings per share miss.

Summary of Press Release

Opera's official press release highlighted two key achievements that formed the basis for its improved outlook. The company not only exceeded its own previous guidance ranges for both revenue and Adjusted EBITDA but also felt confident enough in its current momentum to raise its full-year projections. The reported Adjusted EBITDA of $36.3 million, which translates to a healthy 24% margin, underscores that despite the EPS shortfall, the company's core profitability remains strong.

Forward Outlook and Analyst Comparisons

The company's decision to raise its full-year guidance for both revenue and Adjusted EBITDA is a significant bullish signal. This updated outlook provides a direct point of comparison with existing analyst models. While specific numerical ranges from the press release are not provided in the context, the act of raising guidance generally suggests management's confidence in sustaining growth and profitability through the remainder of the fiscal year. Investors will be watching to see if this company guidance prompts analysts to revise their own estimates for the fourth quarter and full year 2025 upward to align with management's more optimistic view.

For a detailed breakdown of historical earnings, future estimates, and analyst revisions, you can review the data on the OPRA earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute financial advice, a recommendation to buy or sell any security, or an offer to solicit any transaction. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.