/PRNewswire/ Digimarc Corporation (NASDAQ: DMRC) reported financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter.
/PRNewswire/ Digimarc Corporation (NASDAQ: DMRC) reported financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter.
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Digimarc Reports Fourth Quarter and Fiscal Year 2020 Financial Results
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BEAVERTON, Ore., Feb. 24, 2021 /PRNewswire/ Digimarc Corporation (NASDAQ: DMRC), creator of the Digimarc Platform for digital identification and detection, reported financial results for the fourth quarter and fiscal year ended December 31, 2020.
Fourth Quarter 2020 Financial Results
Revenue for the fourth quarter of 2020 increased four percent to $5.6 million compared to $5.3 million in the fourth quarter of 2019. Service revenue increased seven percent, reflecting growth in services to Government and Retail customers. Subscription revenue increased one percent, reflecting the impact of new bookings; partially offset by the impact of a renegotiated contract with a Retail supplier partner in the first quarter of 2020.