Latest news with #RileyMcCormack
Business Wire
17-07-2025
- Business
- Business Wire
Digimarc Sets Second Quarter 2025 Conference Call for Thursday, August 14th
BEAVERTON, Ore.--(BUSINESS WIRE)-- Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, will hold a conference call on Thursday, August 14, 2025, at 5 p.m. Eastern time (2 p.m. Pacific time) to discuss results for the second quarter ended June 30, 2025. Digimarc CEO Riley McCormack, CFO Charles Beck, and CLO George Karamanos will host the call, and provide an update on strategic priorities, quarterly highlights, and financial results, followed by a question-and-answer forum. The company will issue financial results in a press release before the call, including a link to prepared remarks highlighting second quarter achievements and current strategic priorities. For those who wish to call in via telephone, please dial the number below at least five minutes before the scheduled start time. Date: Time: 5 p.m. Eastern time (2 p.m. Pacific time) Toll-Free Number: 877-407-0832 | International Number: 201-689-8433 Conference ID: 13748471 Webcast Link: About Digimarc Digimarc Corporation (NASDAQ: DMRC) is the pioneer and global leader in digital watermarking technologies. For nearly 30 years, Digimarc innovations and intellectual property in digital watermarking have been deployed at a massive scale for the identification and the authentication of physical and digital items. A notable example is our partnership with a consortium of the world's central banks to deter counterfeiting of global currency. Digimarc is also instrumental in supporting global industry standards efforts spanning both the physical and digital worlds. In 2023, Digimarc was named to the Fortune 2023 Change the World list and honored as a 2023 Fast Company World Changing Ideas finalist. Learn more at
Business Wire
16-07-2025
- Business
- Business Wire
Digimarc Revolutionizes Audio Content Authentication & Protection with Next-Generation Digital Watermarking
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), the global leader in digital watermarking, today announced the launch of its next-generation audio watermarking technology. Designed to tackle the most urgent challenges in today's dynamic audio ecosystems, this breakthrough solution helps ensure accurate compensation for creators, provides robust authorship verification, and enables best-in-class protection for sensitive content in the era of generative AI. 'The explosion of digital and AI-generated audio has created unprecedented challenges for rights holders, content creators, companies, and governments,' said Riley McCormack, CEO of Digimarc. 'Our next-generation audio watermarking technology stands out by delivering the crucial tools these entities require to confront these pressing challenges. It enables precise royalty tracking to protect revenue, robust authorship verification to safeguard both human and AI-generated content from misuse, and best-in-class security and robustness to deter insider threats and safeguard sensitive data. These solutions are engineered for the real world: they secure at scale, preserve audio quality, and perform reliably across diverse platforms and even in the noisiest environments. This is how we help creators, artists, distributors, companies, and governments authenticate and protect their valuable digital assets.' Digimarc's new audio watermarking technology delivers powerful benefits to multiple industries: Precise royalty tracking and usage reporting: Unmatched accuracy in tracking audio content across TV, radio, and streaming services enables artists, labels, and distributors to maximize revenue through precise royalty payments and transparent usage insights, ensuring their financial interests are protected. Robust authorship verification: As generative AI fuels a surge in synthetic audio, Digimarc's audio watermarking safeguards both human-created and AI-generated content—from music and podcasts to voice-cloned material—shielding it from misuse, counterfeiting, and unauthorized distribution. Leak detection: To combat the risk of confidential information being leaked and distributed without permission, Digimarc's next-generation audio watermarks can be deployed to ensure organizations and governments can trace the source and take appropriate action, effectively deterring insider threats and safeguarding sensitive data. Built on decades of digital watermarking expertise, Digimarc's latest innovations set a new standard for audio watermarking performance and reliability. Key capabilities include: Every year, billions of dollars in audio royalties go unpaid due to stripped metadata, failed fingerprinting in short or noisy clips, and the inefficiencies of manual royalty tracking systems. Digimarc's technology directly addresses this multi-billion-dollar gap with a scalable, reliable solution that empowers broadcasters, streaming platforms, rights management organizations, and artists to protect their assets and revenues. Additionally, Digimarc's audio watermarks can be used for robust authorship verification across diverse content, including voice, music, podcasts, and audiobooks, as well as in broadcast, streaming, advertising, and dubbing applications, supporting industry efforts to promote trust and accountability. Brent Phillips, Chief Technology Officer at SourceAudio, stated, 'we consider Digimarc technology best-in-class and vital to our business growth. The previous Digimarc audio watermark technology literally unlocked an entirely new vertical for us, and we cannot wait to see how far we can take the new tech. Managing audio rights across diverse platforms and formats demands solutions that can keep up with the speed, scale, and complexity of modern distribution. Digimarc's audio watermarking is completely inaudible. It has passed every "golden ears" test we've thrown at it, yet it is reliably detectable in clips as short as one second—even after compression, remixing, or voiceovers. With Digimarc's watermarks being both inaudible and detectable in such short clips, they outperform other watermarking and fingerprinting technologies, which require longer audio segments for accurate identification.' To learn more about how Digimarc is transforming audio authentication and rights protection, visit About Digimarc Digimarc Corporation (NASDAQ: DMRC) is the pioneer and global leader in digital watermarking technologies. For nearly 30 years, Digimarc innovations and intellectual property in digital watermarking have been deployed at a massive scale for the identification and the authentication of physical and digital items. A notable example is our partnership with a consortium of the world's central banks to deter counterfeiting of global currency. Digimarc is also instrumental in supporting global industry standards efforts spanning both the physical and digital worlds. In 2023, Digimarc was named to the Fortune 2023 Change the World list and honored as a 2023 Fast Company World Changing Ideas finalist. Learn more at
Yahoo
27-02-2025
- Business
- Yahoo
Digimarc Corp (DMRC) Q4 2024 Earnings Call Highlights: Strategic Shifts and Market ...
Release Date: February 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Digimarc Corp (NASDAQ:DMRC) has identified two compelling paths to near-term profitability, focusing on authentication use cases. The company is making significant advancements in the area of copy detection, copy deterrence, and tamper evidence, which open new market opportunities. Digimarc Corp (NASDAQ:DMRC) is focusing on retail loss prevention, particularly in securing gift cards and combating price lookup fraud, with a potential TAM of $900 million to $1.5 billion. The company has signed significant digital link deals and expects to capture a fair share of the market through its Digimarc Engage platform. A corporate reorganization is expected to reduce costs by approximately 25%, increasing agility and speed in operations. The large commercial customer deal discussed in previous calls has not been finalized, leading to uncertainty in revenue projections. A $3.7 million DRS contract is expected to lapse due to changes in government requirements, impacting revenue. Ending ARR at the end of Q4 was $20 million, down from $22.3 million the previous year, indicating a decline in recurring revenue. Subscription revenue decreased by 10% in Q4, reflecting challenges in maintaining existing contracts. The company is exploring strategic alternatives, including going private, which introduces uncertainty about its future direction. Warning! GuruFocus has detected 3 Warning Signs with DMRC. Q: How is Digimarc planning to allocate resources following the reorganization to pursue the large commercial customer opportunity while pivoting to a new go-to-market strategy? A: Riley McCormack, CEO, stated that the opportunity with the large commercial customer is still very much alive, and they are in ongoing conversations about potential next steps. The focus is currently on other areas, but they are prepared to support this opportunity when the customer is ready. Any agreement reached would likely be de-scoped, but this does not necessarily mean a reduction in potential revenue. The company is not building its 2025 plans around this opportunity, so any progress would be considered significant upside. Q: What products and opportunities are expected to drive sequential ARR growth throughout 2025? A: Riley McCormack highlighted that gift cards and physical anti-counterfeit solutions are expected to be significant contributors to ARR growth in 2025. While there are exciting greenfield opportunities in new types of watermark applications and other authentication technologies, these are expected to have a more substantial impact in 2026 and beyond. Additionally, revenue from Digimarc Engage and digital link deals in the U.S. and Europe are anticipated to contribute to growth. Q: How will the new run rate of operating expenses impact the path to free cash flow break-even or positive figures? A: Charles Beck, CFO, explained that the company expects to achieve significant cost savings from the reorganization, with over $5 million in cash costs being removed per quarter starting in March. This reduction, combined with expected revenue growth, positions the company to reach non-GAAP profitability by no later than Q4 2025. The trajectory of ARR growth will determine the exact timing. Q: What is the timeline and expected outcomes for the Belgium pilot project related to Digimarc Recycle? A: Riley McCormack stated that the Belgium pilot is intended to demonstrate the higher quality and quantity of recyclables, which is crucial for compliance with upcoming European regulations. The pilot will also highlight the novel data generated by Digimarc's technology, which could catalyze broader adoption. The focus is on proving the technology's impact on recycling quality and quantity, with the data's value expected to become more apparent during the trial. Q: What are the implications of the $5.8 million ARR contract that lapsed, and is there potential for it to be renewed? A: Riley McCormack clarified that the $5.8 million contract that lapsed is still under discussion for potential renewal. The company is in conversations with the customer about expanding the contract, and any renewal would be considered significant upside to current expectations. The lapse does not reflect a loss of relationship with the customer, as they remain engaged in discussions. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
