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Digimarc Announces Retirement of Bruce Davis and Appointment of Riley McCormack as CEO News provided by Share this article Share this article BEAVERTON, Ore., April 12, 2021 /PRNewswire/ Digimarc Corporation (NASDAQ: DMRC), creator of the Digimarc Platform, today announced the retirement of Bruce Davis as Digimarc s President and Chief Executive Officer and as Chairman and member of Digimarc s Board of Directors, effective immediately. Riley McCormack, a current member and Lead Director of the Digimarc Board, has been appointed as the Company s President and Chief Executive Officer, effective today, and will remain as a director of the Company. Davis s retirement from management and the board is unrelated to the company s financial reporting and business performance, nor was his decision to leave due to any disagreement with the Company s operations, policies or practices. ....
Digimarc Reports Fourth Quarter and Fiscal Year 2020 Financial Results News provided by Share this article Share this article 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. ....