9. Opera Limited (NASDAQ:OPRA)
Opera Limited (NASDAQ: OPRA) takes the No. 9 position after reporting another quarter of rapid revenue and profit growth. Depending on the earnings-data provider and adjustment methodology used, Opera Limited (NASDAQ: OPRA) recorded adjusted earnings per share of approximately $0.30 compared with the $0.26 consensus estimate attached to this ranking. The company’s official presentation also reported adjusted diluted earnings per share of $0.33. That difference illustrates why investors should always check whether a source is using GAAP earnings, adjusted earnings, or earnings attributable to American depositary shares.
The broader operating performance was difficult to ignore. Opera Limited (NASDAQ: OPRA) generated second-quarter revenue of $178.1 million, representing growth of 25% from the same period a year earlier. Adjusted EBITDA increased by 32% to $42.4 million, producing an adjusted EBITDA margin of 24%. Net income climbed by 76% to $27.6 million, while the company ended the quarter with approximately 288 million monthly active users.
Opera Limited (NASDAQ: OPRA) occupies an interesting position in the technology sector. The company is best known for its web browsers, but its investment case has expanded to include digital advertising, search revenue, privacy-focused browsing, and artificial intelligence. As consumers experiment with AI-powered search and browsing tools, Opera Limited (NASDAQ: OPRA) is trying to distinguish itself from much larger competitors by developing specialized products and allowing users to interact with different AI services through its browser.
Advertising revenue increased by 27% to $115.4 million, while search-related revenue rose by 21% to $62.1 million. Those numbers suggest that the company is monetizing its audience more effectively even as its total monthly active-user count remained relatively stable. For growth-stock investors, the combination of double-digit sales growth and expanding profitability is more meaningful than user growth alone.
Opera Limited (NASDAQ: OPRA) also guided for third-quarter revenue of $181 million to $183 million. Its full-year outlook, however, was slightly softer than some analysts expected, contributing to weakness in the share price after the announcement. Even so, Opera Limited (NASDAQ: OPRA) remains one of the more intriguing high-potential technology stocks in the ranking. A 500% return is never assured, but a smaller technology company producing 25% revenue growth and rising profits deserves attention from investors researching possible multibagger stocks.
