Core Insights - Opera Limited reported a revenue growth of 23% year-over-year, reaching $151.9 million, which exceeded the guidance range [1][4] - Adjusted EBITDA for the quarter was $36.3 million, representing a 24% margin, also surpassing the guidance range [1][4] - The company raised its full-year revenue guidance to $600 - 603 million, indicating a 25% growth at the midpoint, and adjusted EBITDA guidance to $138 - 141 million, with a 23% margin at the midpoints [1][13] Financial Performance - Revenue for the third quarter of 2025 was $151.9 million, up from $123.2 million in the same quarter of 2024, marking a 23% increase [4][7] - Net income for the quarter was $18.6 million, a slight increase from $17.9 million in Q3 2024, resulting in a net income margin of 12% [10][11] - Adjusted net income rose to $26.8 million, reflecting a 17% increase compared to $22.9 million in Q3 2024, with an adjusted net income margin of 18% [11][10] Revenue Breakdown - Query revenue grew 17% year-over-year to $55.6 million, accounting for 37% of total revenue [8] - Advertising revenue increased by 27% to $95.9 million, representing 63% of total revenue, driven by strong momentum from e-commerce partners [8][7] - The average revenue per user (ARPU) increased by 28% year-over-year to $2.13, with 284 million average monthly active users (MAUs) [8] Product Developments - The company launched Opera Neon, a premium subscription-based browser featuring advanced AI-driven capabilities [3] - New versions of Opera's flagship and GX gaming browsers are set to launch with upgraded free browser AI, enhancing user experience [3] - MiniPay wallets saw a 175% year-over-year increase in activations, surpassing 10 million since launch, facilitating approximately 290 million peer-to-peer transactions worth over $300 million [8] Business Outlook - For the fourth quarter of 2025, Opera expects revenue between $162 - 165 million, indicating a year-over-year growth of 12% [13] - The adjusted EBITDA guidance for Q4 is set at $37.5 - 40.5 million, with an expected adjusted EBITDA margin of 24% [13] - The company anticipates continued annual growth expansion, projecting a 25% growth rate at the midpoint for 2025 [15]

Core Insights - The emergence of AI is reigniting the browser wars, transforming the traditional browsing experience into a more interactive and task-oriented one [1][4][10] - New AI browsers like OpenAI's ChatGPT Atlas, Perplexity's Comet, and Opera's Neon are redefining user interactions by embedding AI capabilities directly into the browsing experience [2][19][24] Group 1: Evolution of Browsers - Browsers have historically been seen as static tools, but AI is fundamentally changing their functionality from "browsing" to "delegating" tasks [4][10] - The traditional browsing process has been simplified to three steps: search/input, click links, and view pages [5] - The introduction of AI allows browsers to perform tasks autonomously, such as reading pages, generating summaries, and executing user commands [10][18] Group 2: AI Browser Innovations - OpenAI's ChatGPT Atlas integrates AI directly into the browsing experience, allowing users to issue commands that the browser executes autonomously [18][19] - Perplexity's Comet browser features an AI agent that can understand web content and perform multi-step actions, enhancing user interactivity [13][25] - Opera's Neon introduces features like "Do" commands and "Cards" for task automation, aiming to create a personalized browsing experience [11][28] Group 3: Competitive Landscape - The AI browser market is becoming a competitive battleground, with OpenAI, Perplexity, and Opera vying for dominance [24][56] - Google is responding to these innovations by integrating its own AI model, Gemini, into Chrome, but it remains within the traditional browsing framework [29][31] - The competition is not just about technology but about controlling the user interface and experience, as the first point of interaction dictates user behavior [43][52] Group 4: Underlying Technology - Most new AI browsers are built on the Chromium engine, which is controlled by Google, raising questions about the true independence of these innovations [34][36] - The reliance on a common underlying technology means that while the front-end experiences may differ, the foundational control remains with Google [41][42] Group 5: User Experience and Privacy - AI browsers are designed to enhance user efficiency but also raise concerns about privacy, as they can infer user intentions and behaviors [56][60] - The balance between understanding user needs and infringing on privacy is a critical challenge for AI browser developers [58][60] - Companies like Opera are taking steps to ensure user data is encrypted and not misused, but industry-wide transparency remains a concern [58][60]

Core Insights - OpenAI has launched its first AI-driven web browser, ChatGPT Atlas, marking a significant integration of AI technology into web browsing, which is expected to redefine user experiences and browser functionalities [1][2][7] - The introduction of ChatGPT Atlas positions OpenAI in direct competition with Google, which has already integrated AI capabilities into its Chrome browser [1][4] Group 1: Product Features and Capabilities - ChatGPT Atlas aims to provide a personalized browsing experience, allowing users to perform tasks such as booking flights and editing documents through AI interaction [1][2] - The browser features an "Ask ChatGPT" sidebar that enables deep interaction with web content, allowing users to summarize articles or assist with online purchases based on personal preferences [1][7] - Initially available on macOS, ChatGPT Atlas plans to expand to Windows, iOS, and Android, with advanced AI functionalities available to paid ChatGPT Plus and Pro users [2][7] Group 2: Industry Impact and Competition - OpenAI's move into the AI browser space is part of a broader trend, with other AI startups like Perplexity AI and established companies like Opera also developing AI-enhanced browsers [3][7] - Following the announcement of ChatGPT Atlas, Google's stock experienced a decline of up to 4.8%, indicating market sensitivity to OpenAI's advancements [4] - Google has introduced its Gemini AI model into Chrome, enhancing its capabilities to respond to user requests and manage information across multiple tabs [4][7] Group 3: Future Trends - The emergence of AI-native browsers signifies a shift from traditional web browsing to a more integrated AI experience, where AI functionalities are embedded as default features rather than optional plugins [7] - This trend is expected to mainstream the concept of AI browsers, with various companies focusing on creating personalized AI assistants to enhance user interaction with the web [7]

Core Insights - Opera is introducing the Opera Deep Research Agent (ODRA) as the fourth AI agent in its Opera Neon browser, emphasizing its commitment to agentic browsing [1][2] - The Neon deep research feature aims to enhance web research capabilities by utilizing a model-agnostic AI engine that can integrate various AI models [2][6] - Opera plans to expand the number of agents in the future, allowing users to select the most relevant agent for specific tasks [3][4] Agent Functionality - The new orchestration layer, referred to as "Symphony," will streamline user interactions with multiple AI agents, allowing for a more intuitive experience [4][5] - Each agent will have distinct permissions and settings, intelligently routing user requests to the appropriate agent or combination of agents [5] - The system will learn user preferences over time, optimizing the interaction process [5] Product Positioning - Opera Neon is designed for advanced users who require more than basic browsing capabilities, positioning itself as a productivity tool [6][7] - The browser is currently available to a limited number of users through an early access program, with plans for broader availability in the future [8] - Opera aims to differentiate itself in the market by offering a unique browsing experience tailored to diverse user needs, with a focus on integrating AI solutions [7][8]

Core Insights - The article discusses the evolution of web browsers, highlighting the shift from traditional browsing to AI-driven experiences, marking a significant transformation in user interaction with the internet [1][2][3]. Browser Market Dynamics - The competition in the browser market has intensified with the integration of generative and agent-based AI features, leading to a new user acquisition battle among companies like Google Chrome, Perplexity's Comet AI browser, and Opera [1][2]. - Historically, the browser market saw major shifts, with Google Chrome dominating due to its speed and integration with the broader Google ecosystem, while the current focus is on providing seamless AI-driven experiences [6][7]. User Experience Transformation - The traditional browsing experience has remained largely unchanged for nearly two decades, primarily involving URL input and link clicking. However, companies are now aiming to provide a more interactive experience where browsers can answer questions and perform tasks directly [2][5]. - AI-driven browsers, such as Perplexity's Comet and Opera's Neon, are designed to execute tasks on behalf of users, enhancing functionality beyond mere navigation [2][3]. Privacy Concerns - The rise of agent-based AI browsers raises significant privacy concerns, as these tools can access and analyze more user data, potentially inferring user intentions and emotions [18][19]. - Companies are aware of these risks and are implementing measures to protect user data, such as end-to-end encryption and limiting data processing to user requests [19].

Core Insights - The article revisits Opera Limited (NASDAQ: OPRA) after two years, highlighting a previous buy rating based on favorable risk-to-reward dynamics [1] Company Overview - Opera Limited is being analyzed for its investment potential, particularly focusing on its long-term growth prospects [1] Investment Strategy - The investment approach emphasizes a diversified portfolio that includes growth, value, and dividend-paying stocks, with a particular focus on value investments [1]

Core Insights - The article revisits Opera Limited (NASDAQ: OPRA) after two years, highlighting a previous buy rating based on favorable risk-to-reward dynamics [1] Company Overview - Opera Limited is being analyzed for its investment potential, particularly focusing on its long-term growth prospects [1] Investment Strategy - The investment approach emphasizes a diversified portfolio that includes growth, value, and dividend-paying stocks, with a particular focus on value investments [1]

Core Viewpoint - Opera Limited has appointed Mr. Lin Song as the new CEO, succeeding Mr. James Yahui Zhou, who will remain as Executive Chairman after five years of shared leadership [1]. Company Overview - Opera is a user-centric software company that focuses on providing an optimal internet browsing experience across various devices. The company has a significant user base, with hundreds of millions utilizing its mobile and desktop browsers, which are known for their speed, security, and unique features [2]. - Founded in 1995 and headquartered in Oslo, Norway, Opera is publicly traded on the Nasdaq under the ticker symbol "OPRA" [2].

Core Points - Opera Limited will release its third quarter 2025 financial results on October 29, 2025, before market opens [1] - A conference call to discuss the financial results will take place on the same day at 8:00 a.m. ET [2] - Opera is a user-centric software company focused on enhancing internet browsing experiences through innovative features and integrated AI [2] Company Overview - Opera Limited is headquartered in Oslo, Norway, and is listed on the Nasdaq under the ticker symbol "OPRA" [2] - The company was founded in 1995 and has a significant user base for its mobile and desktop browsers, which are known for speed, security, and unique features [2]

Decrypt’s partnership with @opera reflects our commitment to our core values. It helps us to pursue our mission of informing and educating the widest possible audience about crypto, while developing tools for the decentralized internet. https://t.co/CmOh1Za5Lp ...