Digimarc (NASDAQ:DMRC) updated its first quarter 2021 earnings guidance on Tuesday. The company provided EPS guidance of – for the period. The company issued revenue guidance of $6.25 M-, compared to the consensus revenue estimate of $6.05 million.
DMRC stock traded up $1.16 during midday trading on Tuesday, hitting $33.17. 418,727 shares of the company’s stock were exchanged, compared to its average volume of 179,315. The business has a 50-day simple moving average of $33.59 and a two-hundred day simple moving average of $39.46. The company has a current ratio of 8.88, a quick ratio of 8.88 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $561.07 million, a PE ratio of -11.97 and a beta of 1.21. Digimarc has a 1-year low of $11.77 and a 1-year high of $58.74.
Digimarc (NASDAQ:DMRC) last posted its earnings results on Tuesday, April 27th. The information technology services provider reported ($0.50) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.06. Digimarc had a negative return on equity of 67.33% and a negative net margin of 140.61%.
Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Platform for the identification, discovery, and management of media, which includes Digimarc Barcode, a data carrier that integrates the identification function; Digimarc Discover, a software for computing devices and network interfaces that recognize and decode indicia of the identity of media; and Digimarc Verify, a suite of software tools used to inspect and verify that the identification and discovery of media.
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