Digimarc Q4 2023 Adj EPS $(0.28) Beats $(0.32) Estimate, Sales $9.28M Beat $9.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Digimarc (NASDAQ:DMRC) reported Q4 2023 adjusted EPS of $(0.28), surpassing the $(0.32) estimate, and sales of $9.28M, exceeding the $9.10M estimate. This represents a significant improvement over the previous year, with a 31.71% decrease in losses per share and a 28.62% increase in sales.
February 28, 2024 | 9:33 pm
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POSITIVE IMPACT
Digimarc reported a smaller loss per share and higher sales in Q4 2023 compared to estimates and the previous year, indicating strong performance and potential growth.
Digimarc's Q4 2023 results exceeded analyst expectations in both earnings per share and sales, showing a significant improvement over the previous year. This positive performance, especially the reduction in losses and increase in sales, is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100