INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Digimarc Corporation of Class Action Lawsuit and Upcoming Deadlines - DMRC
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 $5.0 million from $5.6 million year-over-year [3]. - The company's annual recurring revenue (ARR) decreased to $20.0 million, down from $22.23 million in the previous year, primarily due to a $5.8 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].