Digimarc Corporation (NASDAQ:DMRC) is expected to report second quarter earnings results, after market close, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.71 per share.
Looking ahead, the full year loss are expected at $ 2.81 per share on the revenues of $ 26.76 million.
Previous Quarter Performance
Digimarc Corporation came out with loss for the first quarter of $ 0.74 per share, from the revenue of $ 6.19 million. The quarterly revenues expanded 9.36 percent compared with the same quarter last year. Wall street analysts are predicting, DMRC to report 1Q20 loss of $ 0.80 per share from revenue of $ 5.92 million. The bottom line results beat street analysts by $ 0.06 or 7.50 percent, at the same time, top line results outshined analysts by $ 0.27 million or 4.56 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of DMRC was $ 13.03, representing a 31.35 % increase from the 52 week low of $ 9.92 and a 72.85 % decrease over the 52 week high of $ 47.99.
The company has a market capital of $ 164.73 million and is part of the Technology sector and Information Technology Services industry.
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Conference Call
Digimarc Corporation will be hosting a conference call at 5:00 PM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.digimarc.com
Digimarc Corporation provides media identification and management solutions to government and commercial customers in the United States and internationally. It offers Digimarc Intuitive Computing Platform, a comprehensive set of technologies for identifying, discovering, and interacting with digitally-enhanced media, which includes Digimarc Barcode, a method for imperceptibly enhancing packaging, print, images, thermal labels, audio, and other objects with data that is detected by enabled devices, such as smart phones, computers, barcode scanners, and machine-vision equipment. The company also provides Digimarc Discover software that enables an ecosystem of connected devices to identify content or materials and deliver information.
