Digimarc (NASDAQ:DMRC) issued its quarterly earnings results on Wednesday. The information technology services provider reported ($0.73) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.75) by $0.02, Fidelity Earnings reports. Digimarc had a negative return on equity of 37.68% and a negative net margin of 116.98%.
Shares of NASDAQ:DMRC opened at $25.13 on Thursday. Digimarc has a twelve month low of $22.85 and a twelve month high of $39.95.
In other news, CEO Bruce L. Davis sold 8,930 shares of the company’s stock in a transaction that occurred on Thursday, September 27th. The stock was sold at an average price of $30.27, for a total transaction of $270,311.10. Following the transaction, the chief executive officer now directly owns 60,887 shares of the company’s stock, valued at $1,843,049.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 7.50% of the stock is owned by corporate insiders.
Digimarc Corporation provides media identification and management solutions to commercial entities and government customers in the United States and internationally. The company offers Digimarc Intuitive Computing Platform, a comprehensive set of technologies for identifying, discovering, and interacting with digitally-enhanced media, which includes Digimarc Barcode, a method for imperceptibly enhancing packaging, print, images, thermal labels, audio, and other objects with data that is detected by enabled devices, such as smart phones, computers, barcode scanners, and machine-vision equipment.
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