Kirby McInerney LLP Urges Investors in Digimarc Corporation (DMRC) to Inquire About Their Rights in Class Action Lawsuit

Core Points - A class action lawsuit has been filed against Digimarc Corporation for failing to disclose significant information regarding a large commercial contract during the Class Period from May 2, 2024, to February 26, 2025 [1][4] - Digimarc reported a 10% decrease in quarterly subscription revenue to $5.0 million and a decline in annual recurring revenue to$20.0 million, primarily due to the expiration of a commercial contract [3] - Following the financial results announcement, Digimarc's share price dropped by approximately 43%, from $27.04 to$15.39 [3] Financial Performance - The fourth quarter and full year 2024 results showed a quarterly subscription revenue decrease of 10% to $5.0 million compared to$5.6 million the previous year [3] - Annual recurring revenue fell to $20.0 million from$22.23 million in the previous year, attributed to a $5.8 million decrease due to a contract expiration [3] Legal Proceedings - Investors have until May 9, 2025, to apply to be appointed as lead plaintiff in the class action lawsuit [1] - The lawsuit alleges that Digimarc did not disclose the non-renewal of a significant contract and the subsequent impact on subscription and annual recurring revenue [4]