Digimarc Corp Stock Price, News & Analysis

Digimarc Corporation (Nasdaq: DMRC) has appointed Tim Price as its new Chief Revenue Officer (CRO), a position aimed at enhancing global commercialization of the Digimarc Platform. This decision follows the appointment of Kelly Haggerty as Chief Product Officer. Price, with over 30 years of experience, previously drove revenue growth at Smarsh, increasing revenues from $45 million to over $150 million. The leadership change is positioned to drive demand and growth for the platform, emphasizing sustainability and brand protection.

Digimarc Corporation (Nasdaq: DMRC) announced the launch of its products, Digimarc Barcode for Digital Images and Serialization for the Supply Chain, on the Microsoft Azure Marketplace. This availability allows Digimarc's customers to leverage Azure's scalability, security, and high availability for enhanced deployment.

The Digimarc Barcode helps businesses manage and protect product images with a unique digital identity, while the Serialization solution enhances traceability in the supply chain, supporting consumer safety and real-time product insight.

Digimarc Corporation (Nasdaq: DMRC) will hold a conference call on February 24, 2021, at 5:00 p.m. ET to discuss its Q4 and full-year 2020 results. The call will feature insights from CEO Bruce Davis and CFO Charles Beck, who will also update on market conditions. Financial results will be released prior to the call. Investors can participate via telephone or listen to a live broadcast and replay on the company's website.

Digimarc specializes in automatic identification technologies, offering innovative software solutions for various industries.

Digimarc Corporation (Nasdaq: DMRC) announced the appointment of Kelly Haggerty as the new Chief Product Officer, marking the establishment of a significant executive role. Reporting directly to the CEO, Haggerty aims to enhance the company's global technology platform for automatic media identification. His previous experience includes a successful tenure at Zix, where he escalated annual recurring revenue from $56 million to over $215 million. Haggerty's leadership is expected to drive growth and innovation within Digimarc's product management organization.

Digimarc Corporation (Nasdaq: DMRC) announced CEO Bruce Davis and company leaders will participate in key investor and industry events over the next two months, including the 23rd Annual Needham Virtual Growth Conference from January 11-15 and NRF 2021 on January 12-14, 19, and 21-22. They will also take part in the Global Organic Produce Expo (January 25-29) and the Sonoco FRESH Summit (February 24-26). These events will feature presentations, sponsorships, and networking opportunities, showcasing Digimarc's innovative identification solutions.

Digimarc Corporation (NASDAQ: DMRC) announced the activation of its seasonal toy catalog in partnership with Walmart for the second consecutive year, enhancing the shopping experience for consumers. The 2020 catalog features exclusive content accessible via the Walmart app, allowing users to scan select pages for additional toy information and experiences. This year, Scan & Shop technology is prominently integrated, making it easier for consumers to engage with the catalog. The initiative aims to provide valuable insights for company executives while enriching the interactive shopping experience.

Digimarc Corporation (NASDAQ: DMRC) reported its financial results for Q3 2020. Revenue remained unchanged at $5.8 million compared to Q3 2019, with service revenue growing 6%. However, subscription revenue dropped 10% due to a renegotiated contract. Operating expenses rose 2% to $12.2 million, influenced by $0.8 million in severance costs. The operating loss increased 4% to $8.4 million, and net loss grew 8% to $(0.68) per diluted share. Cash reserves improved to $62.7 million following a $53.5 million investment from TCM|Strategic Partners.

Digimarc Corporation (NASDAQ: DMRC) announced the election of Alicia Syrett, founder and CEO of Pantegrion Capital, to its Board of Directors, effective October 27, 2020. Her extensive experience in venture capital and advocacy for diversity aims to enhance Digimarc's strategic direction. Alongside her, Riley McCormack, founder of TCM|Strategic, also joins the board. The inclusion of these directors is expected to improve shareholder value and reflects Digimarc's commitment to diversifying expertise as it advances its market development and technology initiatives.

Digimarc Corporation (NASDAQ: DMRC) will host a conference call on October 28, 2020, at 5:00 p.m. ET, to discuss its Q3 2020 financial results and provide a market update. The call will be led by Chairman and CEO Bruce Davis and CFO Charles Beck. Interested parties can access the call through a live broadcast or playback via the company's website. To participate by phone, call 866-562-9934 for toll-free access or 706-679-0638 internationally. The call aims to inform stakeholders about performance and strategy execution.