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

Digimarc

10/05/2023 22:03

* Digimarc Corp  DMRC.OQ  reported a quarterly adjusted loss
of 45
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 47
cents per share.
    * Revenue rose 5.8% to $7.84 million from a year ago;
analysts
expected $7.75 million. 
    * Digimarc Corp's reported EPS for the quarter was a loss
of 70
cents​.
    * The mean earnings estimate of analysts had risen by
about 23.1%
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 1.9% this quarter and
gained 8.3% so far this year.
    * The company reported a quarterly loss of $14.04 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 LSEG Refinitiv data May
10 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.47          -0.45          Beat
 Dec. 31 2022      -0.50          -0.41          Beat
 Sep. 30 2022      -0.56          -0.47          Beat
 Jun. 30 2022      -0.57          -0.47          Beat