Opera Ltd (STU:2V8)

€ 17.5 0.7 (4.17%) Market Cap: 1.55 Bil Enterprise Value: 1.46 Bil PE Ratio: 9.50 PB Ratio: 1.81 GF Score: 87/100

Q3 2019 Opera Ltd Earnings Call Transcript

Nov 14, 2019 / 01:00PM GMT

Release Date Price: €10.4 (+17.51%)

Transcript

Operator

Good day, everyone, and welcome to Opera's Third Quarter 2019 Earnings Call. (Operator Instructions)

I would now hand it over to Mr. Derrick Nueman, Opera's Head of Investor Relations, to open the call.

Derrick L. Nueman

Opera Limited - VP of IR

Thank you and welcome to Opera's Third Quarter 2019 Earnings Call.

With me today, I have our CFO, Frode Jacobsen; and our COO, Song Lin.

We are really excited to be hosting our call today from Lagos, Nigeria, which is the largest country in Africa. We have a strong presence here and significant growth opportunities, including browser, Opera News, advertising, classified and microlending as well as our investment in OPay, a company we incubated which had an impressive growth trajectory, already becoming Nigeria's leading mobile payment and motorbike ride-hailing service.

Before I hand over the call to Frode, I refer you to the safe harbor statement in the company's earnings release, which also applies to the conference call today as management will make forward-looking statements.

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