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Digimarc Corporation (DMRC) Tops Q3 EPS by 3c

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Needham & Company Cuts Price Target on Digimarc Corporation (DMRC) Following 3Q Report

November 3, 2016 7:34 AM EDT

Needham & Company maintained a Buy rating on Digimarc Corporation (NASDAQ: DMRC), and cut the price target to $40.00 (from $46.00), following the company's 3Q earnings report. Revenues were reported at $5.6M, in-line with consensus estimates. DMRC said it received new bookings in Q3 totaling $0.9M, up from... More