Digimarc reported a 13% increase in total revenue, driven by a 44% increase in subscription revenue. The company's subscription gross profit margin reached 84%. Net loss decreased compared to the same quarter last year.
Subscription revenue increased by 44% to $4.7 million.
Total revenue increased by 13% to $8.7 million.
Subscription gross profit margin improved to 84%.
Net loss decreased to $10.6 million, or $(0.53) per share.
Digimarc did not provide specific financial guidance in this earnings report.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance