In This Article:
Digimarc (NASDAQ:DMRC) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$9.44m (up 5.0% from 3Q 2023).
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Net loss: US$10.8m (flat on 3Q 2023).
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US$0.50 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Digimarc Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 2.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Digimarc that you need to take into consideration.
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