Digimarc (DMRC) to Release Quarterly Earnings on Thursday

Digimarc (NASDAQ:DMRC) is set to issue its quarterly earnings data after the market closes on Thursday, November 14th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Digimarc (NASDAQ:DMRC) last issued its quarterly earnings data on Tuesday, August 13th. The information technology services provider reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.04. The business had revenue of $10.38 million during the quarter. Digimarc had a negative net margin of 105.98% and a negative return on equity of 41.60%.

Digimarc Trading Up 1.0 %

Shares of NASDAQ DMRC opened at $33.26 on Thursday. The stock has a market capitalization of $712.43 million, a price-to-earnings ratio of -16.67 and a beta of 1.68. Digimarc has a 12-month low of $21.00 and a 12-month high of $43.43. The firm’s 50-day moving average price is $29.02 and its 200-day moving average price is $28.33.

Wall Street Analyst Weigh In

Several equities analysts have commented on DMRC shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Digimarc in a research report on Wednesday, August 14th. StockNews.com raised shares of Digimarc to a “sell” rating in a research note on Tuesday, September 17th.

About Digimarc

Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle.