Digimarc Q2 Adj EPS $(0.29) Beats $(0.36) Estimate, Sales $8.73M Beat $8.35M Estimate
Portfolio Pulse from saritha@benzinga.com
Digimarc (NASDAQ:DMRC) reported Q2 losses of $(0.29) per share, beating the analyst consensus estimate of $(0.36) by 19.44%. This is a 38.3% increase over losses from the same period last year. The company also reported quarterly sales of $8.73 million, beating the analyst consensus estimate of $8.35 million by 4.55%. This is a 12.69% increase over sales from the same period last year.
August 04, 2023 | 12:07 pm
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POSITIVE IMPACT
Digimarc's Q2 results beat analyst estimates, with a smaller loss and higher sales than expected.
Digimarc's Q2 results exceeded analyst estimates, which could lead to a positive market reaction. The company's losses were smaller than expected and sales were higher, indicating improved financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100