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Sep 30, 2021
Digimarc Q3 2021 Earnings Report
Reported financial results with revenue increase driven by Commercial and Government services and a gain realized on the forgiveness of Paycheck Protection Program loan.
Key Takeaways
Digimarc Corporation reported a 12% increase in revenue for Q3 2021, reaching $6.4 million compared to $5.8 million in Q3 2020. The company's net loss decreased to $2.9 million, or $(0.17) per diluted share, compared to a net loss of $8.4 million, or $(0.68) per diluted share in the same quarter the previous year. The results reflect higher revenue from Commercial and Government services and include a $5.1 million gain from the forgiveness of their Paycheck Protection Program loan.
Revenue increased by 12% to $6.4 million compared to Q3 2020.
Operating expenses remained flat at $12.2 million.
Net loss decreased to $2.9 million, or $(0.17) per diluted share.
Cash, cash equivalents, short- and long-term marketable securities totaled $52.5 million.
Revenue by Segment
Forward Guidance
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Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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