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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Digimarc Corporation of Class Action Lawsuit and Upcoming Deadlines - DMRC
DMRCDigimarc(DMRC) Prnewswire·2025-03-11 17:58

Core Viewpoint - A class action lawsuit has been filed against Digimarc Corporation for alleged securities fraud and unlawful business practices [2][3]. Financial Performance - Digimarc reported a 10% decrease in quarterly subscription revenue, falling to 5.0millionfrom5.0 million from 5.6 million year-over-year [3]. - The company's annual recurring revenue (ARR) decreased to 20.0million,downfrom20.0 million, down from 22.23 million in the previous year, primarily due to a 5.8milliondecreaselinkedtotheexpirationofacommercialcontractinJune2024[3].Followingthefinancialresultsannouncement,Digimarcsstockpricedroppedby5.8 million decrease linked to the expiration of a commercial contract in June 2024 [3]. - Following the financial results announcement, Digimarc's stock price dropped by 11.65 per share, or 43.1%, closing at $15.39 per share on February 27, 2025 [3].