Digimarc (DMRC) Scheduled to Post Earnings on Thursday

Digimarc (NASDAQ:DMRC) is scheduled to be announcing its earnings results after the market closes on Thursday, November 14th. Parties interested in registering for the company’s conference call can do so using this link.

Digimarc (NASDAQ:DMRC) last issued its earnings results on Tuesday, August 13th. The information technology services provider reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.27) by $0.04. The company had revenue of $10.38 million for the quarter. Digimarc had a negative net margin of 105.98% and a negative return on equity of 41.60%.

Digimarc Stock Up 0.6 %

Shares of DMRC opened at $32.76 on Tuesday. The stock has a market capitalization of $701.72 million, a P/E ratio of -16.55 and a beta of 1.68. Digimarc has a twelve month low of $21.00 and a twelve month high of $43.43. The firm has a fifty day simple moving average of $29.39 and a two-hundred day simple moving average of $28.63.

Analyst Upgrades and Downgrades

DMRC has been the topic of a number of research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 target price on shares of Digimarc in a research note on Wednesday, August 14th. StockNews.com raised Digimarc to a “sell” rating in a research report on Tuesday, September 17th.

About Digimarc

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.