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 (DMRC) delivers innovative digital watermarking solutions that bridge physical and digital worlds. This page serves as the definitive source for verified corporate news, providing investors and stakeholders with timely updates on technological advancements, financial performance, and strategic initiatives.
Access official press releases, earnings reports, and partnership announcements in one centralized location. Our curated collection ensures you stay informed about DMRC's progress in SaaS-based connectivity, intellectual property developments, and industry applications across retail, media, and government sectors.
Key content includes updates on Digimarc Illuminate platform enhancements, licensing agreements, R&D milestones, and corporate governance matters. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for efficient tracking of DMRC's evolving role in digital identification technology. Check regularly for new developments impacting the company's position in authentication systems and cloud-based connectivity solutions.
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.
Digimarc Corporation (NASDAQ: DMRC) plans to hold a conference call on March 2, 2022, at 5:00 p.m. ET to discuss the fourth quarter and full year results for 2021. Management, including CEO Riley McCormack and CFO Charles Beck, will present financial highlights and strategic updates, followed by a Q&A session. Financial results will be released prior to the call. Interested parties can join via the provided toll-free or international numbers.
Digimarc Corporation (Nasdaq: DMRC) announced the successful acquisition of EVRYTHNG Ltd, enhancing its digital identification solutions. The deal positions Digimarc to enter a burgeoning market with EVRYTHNG's leading Product Cloud, which connects product data for improved visibility and consumer engagement. This acquisition adds 65 employees and expands Digimarc's global reach, linking operations in North America and Europe. Details on transaction specifics will be disclosed in a forthcoming SEC filing.
Digimarc Corporation (NASDAQ: DMRC) has announced its definitive agreement to acquire EVRYTHNG Limited, a leader in product intelligence, in a stock transaction. This acquisition aims to enhance Digimarc's capabilities by merging its unique identification technologies with EVRYTHNG's advanced product data management solutions. Set to close in January 2022, the merger will allow for improved customer solutions and expanded market reach. Both companies share aligned values and aim to drive innovation, facilitating sustainable supply chains and empowering consumer trust in product authenticity.
Digimarc Corporation (NASDAQ: DMRC) reported a 12% revenue increase in Q3 2021, totaling $6.4 million, driven by growth in Commercial and Government services. Operating expenses remained unchanged at $12.2 million, with a 5% reduction in operating loss to $8.0 million. Net loss improved significantly to $2.9 million ($0.17 per diluted share) from $8.4 million ($0.68 per diluted share) year-over-year. Additionally, a $5.1 million gain from PPP loan forgiveness contributed to the financial results. At the end of Q3, cash reserves totaled $52.5 million, down from $77.7 million in December 2020.
Digimarc Corporation (Nasdaq: DMRC) has appointed Ken Sickles as Chief Product Officer, enhancing its leadership team. Reporting to CEO Riley McCormack, Sickles will play a vital role in advancing Digimarc's technology platform for digital media identification. His previous experience includes serving as CTO/CPO at ThinkTank, contributing to its acquisition by Accenture. Sickles aims to leverage Digimarc's innovative technology to aid companies in their digital transformation journeys, emphasizing safety and sustainability.
On November 15, 2021, Digimarc Corporation (NASDAQ: DMRC) will host a conference call at 8:00 AM Eastern to discuss its third-quarter financial results for the period ending September 30, 2021. CEO Riley McCormack, CFO Charles Beck, and CLO Robert Chamness will provide updates on key financial highlights and strategic priorities during the call. A press release detailing the financial results will precede the call. Interested parties may access the call live or via replay on the company’s investor webpage.
