Digimarc Corp reports results for the quarter ended September 30 - Earnings Summary

• Digimarc Corp DMRC.OQ reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -24 cents to -22 cents per share.

• Revenue rose 5% to $9.44 million from a year ago; analysts expected $10.68 million.

• Digimarc Corp's reported EPS for the quarter was a loss of 50 cents​.

• The company reported a quarterly loss of $10.75 million.

• Digimarc Corp shares had risen by 12.1% this quarter and lost 16.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is "hold."

Wall Street's median 12-month price target for Digimarc Corp is $34.00

This summary was machine generated from LSEG data November 15 at 02:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)