Welcome to our dedicated page for Digimarc news (Ticker: DMRC), a resource for investors and traders seeking the latest updates and insights on Digimarc stock.
Digimarc Corporation (NASDAQ: DMRC) is a digital identity, authentication, and digital watermarking company whose news flow reflects its focus on security, connected packaging, and enterprise-scale deployments. On this page, readers can follow company announcements that explain how Digimarc is building what it calls the trust layer for the modern world, as AI-driven risks such as fraud, counterfeiting, theft, and misinformation increase.
News items often highlight technology partnerships and pilots, such as collaborations with retailers, brands, and scanner manufacturers to combat gift card fraud. Recent releases describe an end-to-end gift card security solution using tamper-evident digital watermarks, pilots with grocery chains, and integrations with scanner platforms from Zebra Technologies and Honeywell that automate detection of tampered cards and improve checkout efficiency.
Another key theme in Digimarc’s news is connected packaging and loyalty experiences. For example, the company has detailed how its intelligent connected packaging platform powers a loyalty program for BERO Brewing, using serialized QR codes and the Digimarc Illuminate platform to authenticate products and enable secure, omnichannel reward redemption.
Investors and industry observers will also find financial results and conference call announcements, where Digimarc reports subscription and service revenue, discusses annual recurring revenue, and outlines strategic priorities in areas such as product authentication, digital product passports, and digital security labels. In addition, the company publishes updates on collaborations in sectors like flooring, where digital watermarks support Digital Product Passports and sustainability initiatives.
By reviewing this news feed, readers can track how Digimarc’s technology is being adopted across retail, currency security, construction materials, and other domains, as well as monitor corporate developments, investor events, and governance updates disclosed in press releases.
Digimarc Corporation (NASDAQ: DMRC) reported a 11% revenue increase to $7.4 million in Q1 2022, boosted by the EVRYTHNG acquisition. Subscription revenue surged 30% to $3.8 million, with EVRYTHNG contributing $1.2 million. However, gross profit fell 23% to $3.3 million due to amortization expenses from the acquisition. Operating expenses skyrocketed by $8.8 million to $21.4 million, reflecting increased costs from EVRYTHNG. The net loss widened to $17.8 million, equating to $(1.03) per share. Cash and equivalents dropped to $24.9 million.
Digimarc Corporation (Nasdaq: DMRC) will hold a conference call on May 12, 2022, at 5:00 p.m. ET to discuss its Q1 2022 results. The call will be led by CEO Riley McCormack, CFO Charles Beck, and CLO Robert Chamness, who will provide financial updates and strategic priorities. A press release detailing the financial results will precede the call. Interested parties can join via telephone or by using the webcast link provided. For more information, visit Digimarc's Investor Relations page.
Summary not available.
Digimarc Corporation (NASDAQ: DMRC) has announced a registered direct offering of 2,250,000 common shares at $25.90 each, aiming to raise approximately $58.3 million in gross proceeds. This offering is set to close on April 7, 2022, and will utilize the net proceeds for general corporate purposes. The shares are offered under a registration statement declared effective by the SEC on July 24, 2020. This move signifies ongoing efforts in product digitization, a key focus area for Digimarc.
Digimarc Corporation (Nasdaq: DMRC) announced the successful results of its HolyGrail 2.0 semi-industrial trial, showcasing an impressive 99% detection rate for digital watermarks in plastic packaging. These watermarks maintained high performance even under challenging conditions, enhancing the accuracy of sorting materials for recycling. As governments advocate for circular economies, Digimarc's technology is positioned to enable reliable identification and classification of packaging, aiding recycling efforts. CEO Riley McCormack emphasized the transformative impact of this technology on sustainability and business.
MERGE has appointed Keith Turco as the new Chief Growth Officer, aiming to enhance business growth in marketing services. Turco, a specialist in digital transformation with over 25 years of experience, will leverage his extensive background with renowned brands to propel MERGE's objectives. CEO Patrick Venetucci emphasized Turco's capabilities in driving traffic and transactions for their clients. MERGE, dedicated to merging storytelling with technology, has partnerships with major organizations including American Express and Facebook, supporting a workforce of over 750 employees across multiple locations.
Digimarc Corporation (Nasdaq: DMRC) announced the election of Katie Kool to its Board of Directors, effective July 1, 2022. Kool brings extensive experience as a former C-suite executive at Procter & Gamble and current CEO of Tide Cleaners, with a strong background in financial strategy and digital transformation. She will serve on the Audit and Compensation Committees, expected to enhance Digimarc's growth trajectory. CEO Riley McCormack emphasized her background as a valuable asset in scaling the company’s digital identification solutions.
Digimarc Corporation (NASDAQ: DMRC) reported a 28% increase in fourth quarter revenue to $7.1 million, driven by higher subscription and service revenue related to patent sales and HolyGrail 2.0 activities. Operating expenses rose 13% to $13.2 million, leading to a 5% increase in operating loss to $8.2 million. For the fiscal year 2021, revenue increased 11% to $26.5 million, while net loss grew 7% to $34.8 million or $(2.11) per share. Cash and equivalents decreased to $41.6 million from $77.7 million year-over-year.
Digimarc Corporation (Nasdaq: DMRC) has appointed Jill Elliott as its new Chief People Officer, effective immediately. Reporting to CEO Riley McCormack, Elliott brings over 20 years of HR experience from both startups and Fortune 100 companies, previously serving as SVP of HR and DEI at Dentsu International. Her role focuses on fostering a transparent, inclusive, and high-performing culture, crucial for Digimarc's growth during this transformative period. Elliott holds a B.S. in Human Resources Management and is SPHR certified.
Digimarc Corporation (Nasdaq: DMRC) has appointed Milena Alberti-Perez to its Board of Directors, effective April 5, 2022. With extensive experience in financial oversight and international leadership, she will contribute to the Audit and Compensation Committees. Formerly the CFO of Getty Images, Alberti-Perez's expertise will support Digimarc's growth and transformation. CEO Riley McCormack expressed optimism about her role in steering the company through its next phase. Alberti-Perez also holds degrees from The University of Pennsylvania and Harvard Business School.
FAQ
What is the current stock price of Digimarc (DMRC)?
What is the market cap of Digimarc (DMRC)?
