Digimarc Corp reports results for the quarter ended in December - Earnings Summary

Digimarc

01/03/2023 22:02

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of 62
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 50
cents per share.
    * Revenue rose 1.3% to $7.22 million from a year ago;
analysts
expected $7.83 million. 
    * Digimarc Corp's reported EPS for the quarter was a loss
of 62
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Digimarc Corp shares had risen by 10.3% this quarter.
    * The company reported a quarterly loss of $12.45 million.
    * Wall Street's median 12-month price target for Digimarc
Corp is
$17.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.50          -0.62          Missed
 Sep. 30 2022      -0.56          -0.47          Beat
 Jun. 30 2022      -0.57          -0.47          Beat
 Mar. 31 2022      -0.66          -0.69          Missed