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

Digimarc

06/08/2021 24:39

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of 94 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 72
cents per share.
* Revenue fell 3.4% to $6.28 million from a year ago;  analysts
expected $6.40 million. 
* 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 fallen by 23.8% this quarter and
lost 46.0% so far this year.
* The company reported a quarterly loss of $15.42 million.
* Wall Street's median 12-month price target for Digimarc Corp
is $31.00 
* 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 August 5 at 11:39 p.m.  ​All
figures in US dollars unless otherwise stated