Digimarc Q3 Non-GAAP Loss Is Unchanged, Revenue Rises; Shares Fall After Hours

MT Newswires Live

2024/11/15

Digimarc (DMRC) reported a Q3 non-GAAP loss late Thursday of $0.29 per diluted share, unchanged from a year earlier.

One analyst polled by Capital IQ expected a loss of $0.22.

Revenue in the three months ended Sept. 30 rose to $9.44 million from $8.99 million a year earlier.

Two analysts surveyed by Capital IQ expected $10.7 million.

Shares of the company slumped 14% in after-hours activity.

Price: 26.00, Change: -4.12, Percent Change: -13.68

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