Digimarc (DMRC) PT Lowered to $33 at Needham Following 4Q Miss on Revenues, EPS
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Digimarc Reports Fourth Quarter and Full Year 2016 Financial Results
February 22, 2017 4:05 PM ESTBEAVERTON, Ore., Feb. 22, 2017 /PRNewswire/ --Â Digimarc Corporation (NASDAQ: DMRC) reported financial results for the fourth quarter and full year ended December 31, 2016.
Fourth Quarter 2016 Financial Results Revenue for the fourth quarter of 2016 totaled $5.2 million compared to $5.0 million in the same quarter a year-ago. The increase was primarily due to higher service revenue.
Operating expenses for the fourth quarter of 2016 totaled $9.0 million compared to $8.3 million in the fourth quarter of 2015. The increase was primarily due to higher investments in sales,... More
