Investing.com - Opera reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Opera announced earnings per share of $0.04 on revenue of $85.43M. Analysts polled by Investing.com anticipated EPS of $0.13 on revenue of $79.6M.
Opera shares are down 58% from the beginning of the year and are trading at $4.70 , down-from-52-week-high.
Opera follows other major Information Technology sector earnings this month
Opera's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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