NASDAQ$DMRC
Digimarc Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Digimarc's revenue remained consistent with the previous year, while operating and net losses increased due to severance costs.
Digimarc reported third quarter 2020 financial results with revenue of $5.8 million, unchanged from the third quarter of 2019. The company experienced an increased operating loss of $8.4 million and a net loss of $8.4 million, primarily due to non-recurring severance costs. TCM|Strategic Partners invested $53.5 million in Digimarc, with $36.5 million received before the quarter ended, boosting cash reserves.
- Revenue for Q3 2020 was $5.8 million, matching Q3 2019.
- Service revenue increased by six percent, driven by growth in Government services.
- Subscription revenue decreased by ten percent due to a renegotiated contract with a Retail supplier.
- Operating loss increased to $8.4 million, impacted by $0.8 million in severance costs.
Headline financials
Revenue & EPS history
Digimarc · Revenue · Quarterly
$5.75M
Revenue by segment
Digimarc · $5.75M total across 2 segments · Q3 2020
- Service$3.35M+6.1%58.3%
- Subscription$2.4M-10.1%41.7%
Forward guidance
Digimarc will hold a conference call today, October 28, 2020, to discuss these results and provide an update on market conditions and execution of strategy.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
+0.2%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+2.1%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+60.9%
Q1 2019
Best reaction
-43.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +19.4% | +4.4% | — | |
| Q4 2025 | +18.6% | +10.9% | +0.5% | |
| Q3 2025 | +6.8% | -3.2% | -14.2% | |
| Q1 2025 | -8.9% | -8.2% | +0.5% | |
| Q4 2024 | -43.1% | -45.3% | -51.0% | |
| Q3 2024 | -13.6% | +2.9% | +10.0% | |
| Q2 2024 | -14.8% | -8.1% | +1.3% | |
| Q1 2024 | +4.8% | +5.3% | +23.0% | |
| Q4 2023 | -15.9% | -18.9% | -34.8% | |
| Q3 2023 | +1.0% | +7.6% | +18.4% | |
| Q2 2023 | +18.4% | +19.4% | +14.4% | |
| Q1 2023 | +31.5% | +42.4% | +50.2% | |
| Q4 2022 | -4.5% | +3.6% | -3.6% | |
| Q3 2022 | +19.9% | +44.7% | +46.8% | |
| Q2 2022 | +9.5% | +17.6% | +5.6% | |
| Q1 2022 | -6.9% | -8.8% | -16.4% | |
| Q4 2021 | -16.3% | -22.7% | -9.7% | |
| Q3 2021 | -3.7% | -7.1% | -16.0% | |
| Q2 2021 | +8.9% | +6.8% | +19.2% | |
| Q1 2021 | -0.3% | -16.2% | -9.0% | |
| Q4 2020 | -16.7% | -6.9% | -22.1% | |
| Q3 2020 | +13.3% | +2.7% | +39.5% | |
| Q2 2020 | -0.9% | +14.6% | +18.6% | |
| Q1 2020 | -0.1% | -1.6% | +2.5% | |
| Q4 2019 | -19.1% | -23.0% | -53.2% | |
| Q3 2019 | -15.4% | -18.6% | -23.1% | |
| Q2 2019 | +14.0% | +12.2% | -9.7% | |
| Q1 2019 | +60.9% | +84.4% | +76.4% | |
| Q4 2018 | +18.8% | +23.5% | +30.1% | |
| Q3 2018 | -4.5% | -23.1% | -25.0% | |
| Q2 2018 | -5.6% | -5.1% | -1.8% | |
| Q1 2018 | -0.8% | +11.0% | +11.0% | |
| Q4 2017 | -15.8% | -15.8% | -19.3% | |
| Q3 2017 | +4.0% | +5.2% | +13.0% | |
| Q2 2017 | +1.0% | +3.8% | -6.1% | |
| Q1 2017 | -1.3% | -3.4% | +21.1% | |
| Q4 2016 | +3.3% | +1.8% | -3.1% | |
| Q3 2016 | -4.2% | +0.2% | -4.5% | |
| Q2 2016 | -6.1% | -1.8% | -0.2% | |
| Q1 2016 | +8.2% | — | — | |
| Q4 2015 | +5.2% | — | — | |
| Q3 2015 | -27.5% | — | — | |
| Q2 2015 | +16.5% | — | — | |
| Q1 2015 | +1.3% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q3 2014 | +5.6% | — | — | |
| Q2 2014 | +2.6% | — | — | |
| Q1 2014 | -9.6% | — | — | |
| Q4 2013 | -3.3% | — | — | |
| Q3 2013 | -6.4% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | +12.4% | — | — | |
| Q4 2012 | -11.4% | — | — | |
| Q3 2012 | +1.1% | — | — | |
| Q2 2012 | -11.4% | — | — | |
| Q1 2011 | -13.0% | — | — | |
| Q1 2012 | +1.9% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q4 2010 | +2.4% | — | — | |
| Q2 2011 | +2.4% | — | — | |
| Q2 2010 | +2.4% | — | — |
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