Digimarc Corp expected to post a loss of 31 cents a share - Earnings Preview

Digimarc

30/04/2024 21:33

* Digimarc Corp  DMRC.OQ   DMRC.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Beaverton Oregon-based  company is expected to report
a
22.1% increase in revenue to $9.575 million from $7.84 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Digimarc Corp is for a
loss
of 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Digimarc
Corp is
$35.00​, above​ its last closing price of $21.82. ​​​

This summary was machine generated April 30 at 20:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)