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

Digimarc

12/05/2022 23:18

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of
$1.03​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 66
cents per share.
    * Revenue rose 10.6% to $7.41 million from a year ago; 
analysts
expected $8.01 million. 
    * Digimarc Corp's reported EPS for the quarter was a loss of
$1.03​.
    * The mean earnings estimate of analysts had fallen by
about 31.3%
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 25.4% this quarter and
lost 50.2% so far this year.
    * The company reported a quarterly loss of $17.78 million.
    * 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 May 12 at 10:17 p.m.  ​All
figures in US dollars unless otherwise stated