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Digimarc(DMRC) - 2023 Q4 - Earnings Call Transcript
DMRCDigimarc(DMRC)2024-03-02 17:04

Charles Beck Thank you, Riley, and good afternoon, everyone. Building on the positive financial trends we delivered in the third quarter, we saw continued progress in our financial performance during the fourth quarter in several key areas. Ending ARR grew to $22.3 million, representing 71% year-over-year growth. Subscription revenue increased 37% year-over-year. Subscription gross profit margin reached to 87.3%, a 1,000 basis point improvement. Operating expenses decreased 2% from Q4 last year. Non-GAAP ne ...