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

Digimarc

29/04/2021 01:55

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of 50 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 56
cents per share.
* Revenue rose 8.3% to $6.70 million from a year ago​;  analysts
expected $6.28 million.
* Digimarc Corp's reported EPS for the quarter was a loss of 50
cents​.
* The mean earnings estimate of analysts had fallen by about 10%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Digimarc Corp shares had risen by 28.8% this quarter and
lost 19.1% so far this year.
* The company reported a quarterly loss of $8.22 million.
* Wall Street's median 12-month price target for Digimarc Corp
is $28.00 
* 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 April 29 at 12:55 a.m. GMT.
​All figures in US Dollars.​