Digimarc (DMRC) to Release Quarterly Earnings on Wednesday

Digimarc (NASDAQ:DMRC) is projected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Digimarc to post earnings of ($0.29) per share and revenue of $9.31 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Digimarc Stock Down 2.3 %

NASDAQ:DMRC opened at $26.84 on Tuesday. Digimarc has a 52-week low of $21.00 and a 52-week high of $48.32. The stock’s 50 day moving average price is $37.93 and its 200 day moving average price is $32.88. The company has a market capitalization of $574.94 million, a PE ratio of -13.76 and a beta of 1.66.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Digimarc in a report on Friday, November 15th.

Digimarc Company Profile

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.