{"id":23,"date":"2019-02-18T11:12:22","date_gmt":"2019-02-18T08:12:22","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=23"},"modified":"2023-06-23T10:09:59","modified_gmt":"2023-06-23T07:09:59","slug":"opera-limited-traders-awaiting-the-report","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2019\/02\/18\/opera-limited-traders-awaiting-the-report\/","title":{"rendered":"Opera Limited: Traders Awaiting the Report"},"content":{"rendered":"\n

Opera Limited<\/strong> (NASDAQ: OPRA<\/strong>) is publishing its earnings report on Feb 21. The company's IPO happened just 6 months ago, and this is just its second quarterly report. However, we have already got some data for analysis.<\/p>\n\n\n\n

<\/span>Opera financial details<\/span><\/h2>\n\n\n\n

First, let's see its financial details for Q3\n2018 and compare them to those before the IPO.<\/p>\n\n\n\n

\"Opera<\/a>
Opera Limited Revenue Earnings<\/figcaption><\/figure>\n\n\n\n

The chart shows the revenue and profit are both\nincreasing; still, the stock price has fallen by around 50% since the IPO and\nare just recovering now. This IPO was very far from a successful one.<\/p>\n\n\n\n

<\/span>Opera IPO<\/span><\/h2>\n\n\n\n

The investors who bought Opera shares during\nthe road show were then able to sell them gradually in order<\/a> to lock in the\nprofit. They could have also sold them all at once when the price started going\ndown, but the lockup was still on. Now that it's finally off, the stock is\nfloating freely.<\/p>\n\n\n\n

In Q3, there were two main sources of the\ncompany's profit:<\/p>\n\n\n\n