Digimarc Q3 2023 Adj EPS $(0.29) Beats $(0.34) Estimate, Sales $8.94M Beat $8.76M Estimate
Portfolio Pulse from saritha@benzinga.com
Digimarc (NASDAQ:DMRC) reported Q3 2023 earnings with losses of $(0.29) per share, beating the analyst consensus estimate of $(0.34) by 14.71%. This is a 38.3% increase over losses from the same period last year. The company also reported quarterly sales of $8.94 million, beating the analyst consensus estimate of $8.76 million by 2.10%. This is a 14.36% increase over sales from the same period last year.
November 06, 2023 | 9:33 pm
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Digimarc's Q3 2023 earnings beat estimates with losses improving by 38.3% YoY and sales increasing by 14.36% YoY.
Digimarc's Q3 2023 earnings beat analyst estimates, with losses improving significantly from the same period last year. This indicates a positive financial performance, which could lead to an increase in the company's stock price in the short term.
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