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Jun 30, 2020
Digimarc Q2 2020 Earnings Report
Digimarc's revenue increased and operating expenses decreased, leading to a reduced operating loss.
Key Takeaways
Digimarc reported a 5% increase in revenue to $6.5 million compared to Q2 2019, driven by growth in service revenue from Government and Retail customers. Operating expenses decreased by 2%, leading to an 8% reduction in operating loss to $7.5 million. Net loss also decreased by 6% to $7.5 million, or $(0.62) per diluted share.
Revenue increased by 5% to $6.5 million compared to the second quarter of 2019.
Operating expenses decreased by 2% to $11.9 million.
Operating loss decreased by 8% to $7.5 million.
Net loss decreased by 6% to $7.5 million, or $(0.62) per diluted share.
Digimarc
Digimarc
Digimarc Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income