Needham & Company Cuts Price Target on Digimarc Corporation (DMRC) Following 3Q Report
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Digimarc Reports Third Quarter 2016 Financial Results
November 2, 2016 4:05 PM EDTBEAVERTON, Ore., Nov. 2, 2016 /PRNewswire/ --Â Digimarc Corporation (NASDAQ: DMRC) reported financial results for the third quarter ended September 30, 2016.
Third Quarter 2016 Financial Results Revenue for the third quarter of 2016 totaled $5.6 million compared to $5.4 million in the same quarter a year-ago. The increase was primarily due to higher service revenue.
Operating expenses for the third quarter of 2016 totaled $8.7 million compared to $7.8 million in the third quarter of 2015. The increase was primarily due to higher investments in sales and marketing... More
