Digimarc Corporation (DMRC) Tops Q1 EPS by 5c

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Digimarc Reports First Quarter 2017 Financial Results

April 26, 2017 4:05 PM EDT

BEAVERTON, Ore., April 26, 2017 /PRNewswire/ -- Digimarc Corporation (NASDAQ: DMRC) reported financial results for the first quarter ended March 31, 2017.

First Quarter 2017 Financial Results Revenue for the first quarter of 2017 totaled $6.1 million compared to $5.6 million in the same quarter a year-ago. The increase was primarily due to higher service revenue.

Operating expenses for the first quarter of 2017 totaled $10.2 million compared to $8.9 million in the first quarter of 2016. The increase was primarily due to higher investments in sales, marketing, and... More