Digimarc(DMRC) - 2024 Q1 - Quarterly Results
Digimarc(DMRC)2024-05-03 04:05
Exhibit 99.1 Digimarc Reports First Quarter 2024 Financial Results Annual Recurring Revenue(1) Increases 85% Subscription Gross Profit Margin(2) Expands to 87% Beaverton, Ore. – May 2, 2024 – Digimarc Corporation (NASDAQ: DMRC) reported financial results for the first quarter ended March 31, 2024. “Q1 was another strong quarter for Digimarc. Compared to the first quarter of 2023, we grew quarter-ending Annual Recurring Revenue (ARR) 85%, grew commercial subscription revenue 52%, and expanded subscription gr ...