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

Digimarc

02/08/2023 22:48

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of 29
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 36
cents per share.
    * Revenue fell 4.8% to $8.73 million from a year ago;
analysts
expected $8.35 million. 
    * Digimarc Corp's reported EPS for the quarter was a loss
of 53
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.4%
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 2.7% this quarter and
gained 63.5% so far this year.
    * The company reported a quarterly loss of $10.62 million.
    * Wall Street's median 12-month price target for Digimarc
Corp is
$25.00 
    * 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 LSEG Refinitiv data
August 2 at 09:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.36          -0.29          Beat
 Mar. 31 2023      -0.47          -0.45          Beat
 Dec. 31 2022      -0.50          -0.41          Beat
 Sep. 30 2022      -0.56          -0.47          Beat