Digimarc Corp expected to post a loss of 36 cents a share - Earnings Preview

Digimarc

01/08/2023 03:06

* Digimarc Corp  DMRC.OQ   DMRC.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 2. 
    * The Beaverton Oregon-based  company is expected to report 
a
8.9% decrease in revenue to $8.35 million from $9.17 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Digimarc Corp is
for a
loss of 36 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
$25​, below​ its last closing price of $29.60. ​​​

This summary was machine generated August 1 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated