Digimarc(DMRC) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Digimarc Reports First Quarter 2024 Financial Results Annual Recurring Revenue(1) Increases 85% Subscription Gross Profit Margin(2) Expands to 87% "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 gross profit margin 7.5 percentage points to 87.0%," said Digimarc CEO Riley McCormack. "We are focused on positioning ourselves to convert o ...