Digimarc Q2 2024 Adj. EPS $(0.23) Beats $(0.27) Estimate, Sales $10.379M Beat $10.098M Estimate
Portfolio Pulse from Benzinga Newsdesk
Digimarc (NASDAQ:DMRC) reported Q2 2024 adjusted EPS of $(0.23), beating the estimate of $(0.27). Sales were $10.379M, surpassing the $10.098M estimate and showing an 18.89% increase from the same period last year.
August 13, 2024 | 8:07 pm
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POSITIVE IMPACT
Digimarc reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.23) beating the $(0.27) estimate and sales of $10.379M surpassing the $10.098M estimate. Sales increased by 18.89% YoY.
The better-than-expected EPS and sales figures, along with a significant YoY sales increase, are likely to positively impact DMRC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100