Digimarc (NASDAQ:DMRC - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 14th. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Digimarc (NASDAQ:DMRC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The information technology services provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.04. Digimarc had a negative net margin of 105.98% and a negative return on equity of 41.60%. The company had revenue of $10.38 million for the quarter.
Digimarc Stock Down 1.6 %
Shares of NASDAQ DMRC traded down $0.54 during mid-day trading on Thursday, hitting $32.72. The company had a trading volume of 98,394 shares, compared to its average volume of 119,913. Digimarc has a 12 month low of $21.00 and a 12 month high of $43.43. The business's 50-day simple moving average is $29.14 and its 200-day simple moving average is $28.36.
Wall Street Analysts Forecast Growth
DMRC has been the subject of several recent research reports. StockNews.com raised shares of Digimarc to a "sell" rating in a research report on Tuesday, September 17th. Needham & Company LLC restated a "buy" rating and set a $40.00 target price on shares of Digimarc in a research report on Wednesday, August 14th.
Read Our Latest Analysis on DMRC
About Digimarc
(
Get Free Report)
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.
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