Opera Ltd (NAS:OPRA)

$ 19.31 0.11 (0.57%) Market Cap: 1.71 Bil Enterprise Value: 1.60 Bil PE Ratio: 9.85 PB Ratio: 1.87 GF Score: 87/100

Opera Ltd at UBS Global TMT Conference Transcript

Dec 09, 2019 / 03:45PM GMT

Release Date Price: $8.92 (-2.30%)

Transcript

Unidentified Analyst

Right. Can you hear me? Okay. Well, hello, Derrick. Thank you for being at the UBS conference. We're excited to host you. I think the format is we're going to assume we have about 20 or 30 minutes of sort of prepared remarks and Q&A. And then we can open it up to the room for any questions.

Derrick L. Nueman

Opera Limited - VP of IR

Great.

Unidentified Analyst

Awesome. Well, do you want to kick off with an introduction?

Derrick L. Nueman

Opera Limited - VP of IR

Yes. So at a high level, Opera is a really interesting company. We have 350 million global users, most of which are in Africa, Europe and Asia. And our core strategy is, a, to continue building our browser business, which has been our legacy, but more importantly, taking our browser business and using that to launch into new products. And over the last year, we've been very successful launching into a couple of products, including a news app called Opera News, which now has 170 million users, 40

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