Digimarc says Q2 results will beat Wall Street estimates

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Digimarc Corporation (Nasdaq:DMRC) announced at mid-session today its second-quarter earnings will beat Wall Street expectations. Digimarc, a Beaverton, Ore.-based supplier of secure identity solutions, expects revenues for the quarter ended June 30 to be more than $30 million, up from $26.8 million in the same quarter a year ago. Earnings per share will be between break even and a loss of $0.03 per share. Analysts were expecting a loss of $0.05 per share on revenues of $29.9 million. Digimarc will report its second-quarter earnings ahead of the opening on Aug. 1.

In today’s trading, shares of Digimarc were mostly flat, up just 0.35% to $14.41. Shares of the stock have ranged from $6.93 to $14.65 during the past 52 weeks.

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