Digimarc Corporation
Company Name | Digimarc Corporation |
Stock Symbol | DMRC |
On February 26, 2025, Digimarc released its fourth quarter and full year 2024 financial results, revealing a decline in annual recurring revenue, subscription revenue and service revenue. The Company explained it was “prioritizing [its] authentication Go-To-Market efforts” and would no longer expect to close a previously anticipated identification use-case deal in the immediate future.
On this news, Digimarc’s stock price fell $11.65, or 43.1%, to close at $15.39 on February 27, 2025, thereby injuring investors.
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