Digimarc Corporation (DMRC) Tops Q4 EPS by 1c
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Digimarc (DMRC) PT Lowered to $33 at Needham Following 4Q Miss on Revenues, EPS
February 23, 2017 7:48 AM ESTNeedham & Company analyst James Ricchiuiti maintains Buy rating and lowers price target on Digimarc Corp. (NASDAQ: DMRC) to $33 (from $40), as the company reported 2016 fourth quarter losses, larger than expected, due to slower revenue growth with gross margins and EPS also missing consensus estimates.
Ricchiuiti comments,... More
