Digimarc Reports Third Quarter 2024 Financial Results
Digimarc Corporation (DMRC)
Last digimarc corporation earnings: 10/30 04:05 pm
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Source: Business Wire
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC) reported financial results for the third quarter ended September 30, 2024.“Looking forward, Q3 was the most significant quarter I have witnessed since I joined the company,” said Digimarc CEO Riley McCormack. “We made significant progress on things underway and opened new areas of opportunity we previously didn’t believe addressable in the near term. Looking back, we acknowledge Q3 revenue doesn’t reflect the reality just described. The gap between what lies ahead and what lies behind has never been this large and we look forward to providing additional information to bridge that gap as soon as reasonably possible.”Third Quarter Financial ResultsAnnual recurring revenue(1) as of September 30, 2024 decreased to $18.7 million compared to $19.6 million as of September 30, 2023. The $0.9 million decrease reflects a $5.8 million decrease due to the delayed timing in the anticipated renewal of a commercial contract, p
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DMRC
News
- Digimarc Launches Industry's Most Advanced Anti-Counterfeit Technology to Safeguard Government Programs, Businesses, and Citizens [Yahoo! Finance]Yahoo! Finance
- Digimarc Launches Industry’s Most Advanced Anti-Counterfeit Technology to Safeguard Government Programs, Businesses, and CitizensBusiness Wire
- Digimarc Corporation (DMRC) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Digimarc Co. (NASDAQ: DMRC) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $40.00 price target on the stock.MarketBeat
- Digimarc Corp (DMRC) Q3 2024 Earnings Call Highlights: Transformational Deals and Revenue ... [Yahoo! Finance]Yahoo! Finance
DMRC
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- DMRC's page on the SEC website